BREAKING: jobless claims higher that expected 🎯

12:31 PM 6 June 2024

01:30 PM GMT, United States - Employment Data:

  • Jobless Claims 4-Week Avg.: actual 222.25K; previous 223.00K;
  • Initial Jobless Claims: actual 229K; forecast 220K; previous 221K;
  • Continuing Jobless Claims: actual 1,792K; forecast 1,790K; previous 1,790K;

01:30 PM GMT, United States - Unit Labor Costs (Q1):

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  • actual 4.0% QoQ; forecast 4.7% QoQ; previous 0.4% QoQ;
  • Nonfarm Productivity (Q1): actual 0.2% QoQ; forecast 0.3% QoQ; previous 3.2% QoQ;

EURUSD continues to rise following the publication of higher jobless claims. This time the dollar is weakening slightly. Just 15 minutes ago we had the publication of the ECB decision and the revision of inflation forecasts for Euro Area, after which the Euro gained.

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