US jobless claims rose to their highest in 9 months, while the Philly Fed manufacturing index turned unexpectedly negative. The fear of a double-dip recession will rise as a result. Currencies tied to risk appetite like the Australian and Canadian Dollars suffered, and the Dollar slipped sharply against the Yen. The European majors - Euro and Pound - consolidated for the most part, staying with recent ranges, though the UK did post strong data giving the Pound a pop.
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