BREAKING: US claims trend higher indicating weakening labour market

US jobless claims came higher than analysts's expectations. Jobless Claims:

Actual: 262K. Expected 250k. Previous 261k.

The number of initial jobless claims for the week ending June 10 was 26k, which is the same as the revised number for the prior week. The previous week's figure was initially reported as 261k, but it was later revised upwards by 1k to 262k

After the publication, the USD reduced its gains against the EUR currency. The labor market is clearly weakening, and recent data is starting to show an upward movement in jobless claims, which will most likely lead to an increase in unemployment in the following months.

EURUSD, H1 interval, surce xStation 5

7 August 2026, 6:55 PM

Daily summary: Dollar rout after NFP, Gold back on the rise

7 August 2026, 5:58 PM

Three markets to watch next week (07.08.2026)

7 August 2026, 3:07 PM

US OPEN: Shallow rebound in the shadow of a weak labor market

7 August 2026, 1:35 PM

NFP much below expectations! 🚨EURUSD spikes 📈

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