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Unemployment Claims Spike to Nearly 4-Year Highs, USD Dumps
The US CPI report came in mostly as expected, so traders quickly focused on the abysmal jobless claims report, which showed the highest number of newly-unemployed Americans in nearly 4 years. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, the US Dollar Index (DXY).