Initial jobless claims are coming up next
<p>US dollar weakness is continuing today as there is a FOMO move in bonds with yields down 2-12 bps across the curve.</p><p>Up next is the weekly initial jobless claims report. Even a slightly higher reading than the 210K expected could add to the bid in bonds and risk assets. We also get Q3 productivity data but that's rarely a market mover.</p><p>The BOE's Bailey also begins his press conference at the bottom of the hour and at 10 am ET, the US factory orders report is out.</p>
This article was written by Adam Button at www.forexlive.com.
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