FXstreet.com (Barcelona) - The Dollar has dipped somewhat against the Yen rivals after the release of mixed U.S. data, as upbeat trade balance figures have been offset by a larger than expected increase on initial jobless claims.

USD/JPY retreat from 88.45 session high has extended to 87.90, as the pair eased about 30 pips lower after U.S. data was released, but the pair managed to return above 88.00 shortly afterwards.

U.S. Trade deficit narrowed in October to $32.94 billion from $35.65 revised deficit in September,against experts expectations of an increase to around $37 billion.

On the negative side, Initial jobless claims rose last week by 17,000 to 474,000 claims, more than twice the consensus 8,000 increase.