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US weekly jobless claims to exceed 4.45 million - Morgan Stanley

Morgan Stanley analysts expect another record print in the weekly US jobless claims. 

The number of people filing first-time claims for state unemployment insurance is forecasted to have exceeded 4.45 million in the week ended March 27. 

Claims rose to record 3.283 million in the preceding week, according to official data released last Thursday. Markets offered US dollars in response to a sharp rise in jobless claims. On that day, the dollar index, which tracks the value of the greenback against majors, fell by 1.47%. 

The initial jobless claims for the week ended March 27 are scheduled to release at 12:30 GMT on Thursday. 
 

GBP/JPY Price Analysis: Bounces off 21-day SMA to snap three-day losing streak

Following its drop to the weekly low, GBP/JPY bounces off 21-day SMA, currently around 132.90, amid the Asian session on Thursday. Even so, the pair r
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PBOC sets Yuan reference rate at 7.0995

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0995 versus Wednesday's fix at 7.0771.
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