The number of Americans filling for unemployment benefits was 0.351 million in the week ended September 18th, compared to upwardly revised 0.335 million rise reported in the previous week. Today’s reading came in above market expectations of 0.320 million. It is the highest reading in 4 weeks. Four-week moving average was 335K, down 750 from the previous week's average of 336.5K.
Continuing claims reading, which lags initial jobless claims data by one week, increased to 2.845 million, while analysts expected a decrease to 2.650 million.
EURUSD pair rose slightly after today's data releases and bounced off the 1.1720 level. Source:xStation5
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