The number of Americans filling for unemployment benefits was 0.348 million in the week ended August 14th, compared to 0.375 million rise reported in the previous week. Today’s reading came in well below market expectations of 0.363 million.
Continuing claims reading, which lags initial jobless claims data by one week, dropped to 2.820 million, while analysts expected a decrease to 2.8 million.
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EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1700 level. Source: xStation5
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