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No big surprises from the US jobless claims: they ticked down 4K to 294K, marginally above 290K expected. Continuing claims stand at 2.451 million, in line with previous months. The four week moving average hardly changed, and stands at 290.5K.

Currencies are already looking towards the NFP.

US jobless claims were expected to stand at 291K after 298K last week. This is the last  hint towards the Non-Farm Payrolls tomorrow.  Due to the holidays, the data may be distorted.

The dollar was looking good towards the release, especially against the euro: EUR/USD traded around 1.1770. GBP/USD stood on 1.5064, USD/JPY around 119.68, USD/CAD 1.1815 and AUD/USD around 0.8110.

See how to trade tomorrow’s all important NFP with EUR/USD.

The euro  continues suffering from worries about  the elections in Greece, terror in Paris and the specter of QE in the euro-zone following the  deflation numbers we received from the euro-area yesterday.

With the Fed on course to hike rate in June, the monetary policy divergence continues being reflected in the price of EUR/USD.