Dec T-notes today are slightly lower after weekly U.S jobless claims rose less than expected, a sign of strength in the labor market that is hawkish for Fed policy. The euro today is moderately higher and found support on comments from ECB Vice President de Guindos who said that given still strong inflation it is "premature" to discuss a potential reduction of interest rates. Hawkish comments from ECB Vice President de Guindos undercut gold today when he said that given still strong inflation, it is "premature" to discuss a potential reduction of interest rates.