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RTRS: Dollar gains vs yen after jobless claims data
 
NEW YORK (Reuters) - The dollar rose against the yen on Thursday after U.S. weekly jobless claims came in lower than expected while consumer prices, excluding food and energy, edged up more than forecast.

The claims number was not "that far from forecasts, but it was at least moving in the right direction in terms of lower unemployment," Nick Bennenbroek, head of currency strategy at Wells Fargo in New York.

"Dollar/yen is reacting to it in terms of the yen losing some ground on the idea that this should be supportive for equity markets and supportive for risk appetite," he said.

The dollar was last up 1 percent at 90.28 yen. The euro was down 0.3 percent at to $1.4882.

The U.S. Labor department reported that initial state jobless benefit claims fell to 514,000 in the latest week. Markets were expecting claims of 525,000.

Stripping out volatile energy and food prices, the Department's closely watched core measure of consumer inflation for September, which excludes food and energy, inched up 0.2 percent from August, a touch above market expectations for a 0.1 percent gain.
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