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USD review: Western Union

  • The dollar largely snapped back to bullish form on Thursday, helped in part by fresh jobs data that fared better than expected. 

  • Weekly jobless claims inched up to 291,000 from a revised 290,000 which was just below forecasts of 292,000. 

  • By keeping under 300,000 for a second straight week, it was consistent with the job market heading in the right direction, keeping the Fed on course to raise interest rates this year.

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