Labor Market Numbers and Jobless Claims

jobless claims: Dollar rose briefly against the euro after reports on U.S. retail sales and weekly jobless claims arrive roughly in line with expectations, indicating the economy is on its way to regaining its footing. While recent labor market numbers have been solid, investors have been looking for signals that consumer demand is picking up, one of the key metrics for the U.S. economy that has shown few signs of strength. The euro slips to $1.1217 against the dollar to $1.1222 beforehand, down 1% for the session. Meanwhile, the dollar slips against the yen to Y123.76 from Y123.80 ahead of the numbers, retracing some of Wednesday s... (news.financializer.com). As reported in the news.