US: Initial jobless claims drop against consensus, to 332K in Mar-10 week

In the week ending at March 10 week, initial jobless claims dropped from 342K (revised from 340K) to 332K, against a market consensus pointing to 350K. Continuing claims rose from 3.113M to 3.024M, better than the expected 3.100M.
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Forex: USD/CAD in session lows after US data

The Canadian dollar is gaining ground against the greenback on Thursday, after the US labor market extended its recent recovery in the past week. In fact, Initial Claims fell 10k to 332K in the week ended on March...
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