Canada: New Housing Price index (Dec.) up 0.1% MoM

FXStreet (Edinburgh) - Canadian New Housing Price index rose 0.1% MoM in December, matching estimates and up from 0.0%. Over the last twelve months the index rose 1.3%, below forecasts at 1.4%.

US: Initial Jobless Claims rose to 339K

According to the Labour Department, the Americans that filed in their first initial claims for regular state unemployment-insurance benefits rose...
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USD/JPY extends decline following weak US data

The US dollar is under pressure right now following the disappointing retail sales and jobless claims data in US and against the Japanese yen is no exception. The USD/JPY declined to nearly 1-week lows at 101.70.
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