Daily Forex Report – USD higher, jobless claims post an unexpected rise

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USD: Higher, jobless claims rise, productivity beats expectations, labor costs fall more than expected JPY: Higher, supported by a spike in risk aversion and EU debt troubles EUR: Lower, credit default spreads widen in Europe, German industrial orders drop, ECB on hold GBP: Lower, BOE to pause asset purchases, left open for future QE if economy deteriorates CAD [...]