The average of new jobless claims over the past month dropped by 1,250 to 264,000, the Labor Department said Thursday. The less volatile four-week average is seen as a more accurate measure of labor-market trends. The number of people seeking benefits each week hit a 27-year high of 665,000 near the end of the Great Recession in 2009 before beginning a long descent. Claims fell below the key 300,000 threshold in early 2015 and have remained there for 77 straight weeks, the longest streak since 1970.
Euro is currently being traded around 1.1280 area, Aussie is around 0.76 handle, while Sterling is at 1.3180 level.
