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USD review

Western Union:

U.S. weekly jobless claims held below 300,000 for as many weeks. The dollar edged above lows as jobless claims fared better, moving to 276,000 from 284,000, better than forecasts of 279,000. 

America's job market has remained a bright spot for the economy, keeping the Fed on course to raise interest rates. Mixed U.S. data of late suggest a closer call to whether Friday's important jobs report will meet expectations of a gain of 225,000 for May. 

Also of importance for the buck will be readings on unemployment and wage growth. Positive readings could see the rebound from its slump while any disappointment could put $1.15 in play versus the euro.

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