US Initial Jobless Claims add 360K in May 10 and Continuing obtain 3.009M

The USD/JPY rise was tempered earlier, capped at the 102.70 level (session high) Thursday. A short easing ensued shortly after that was subsequently halted at 102.45. However, following the release of a tranche of US economic data during the American session, the cross has plunged to 102.17/19, now in negative territory down -0.05%.