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Published: 2025-03-20T12:38:01.000Z

USD flows: USD firm after neutral US data

byAdrian Schmidt

Senior FX Strategist
2

USD holding its firm tone with data still showing a solid labour market

 

Nothing of real note in the US data. The claims data remains steady with no real signs of significant labour market deterioration, although the continuing claims numbers remain at a higher level than they were in mid-2024. The Philly Fed index fell again, but was less weak than feared and doesn’t suggest major weakness. The USD is likely to hold its firm tone seen so far today on this data.

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Topics
Flows
EUR/USD-Commentary
USD/JPY-Commentary

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