1:31 PM · 1 February 2024

BREAKING: US jobless claims above expectation!

EUR/USD

Forex

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

Initial Jobless Claims: actual 224K; forecast 213K; previous 215K;
Continuing Jobless Claims: actual 1,898K; forecast 1,840K; previous 1,828K;
Nonfarm Productivity (Q4): actual 3.2% QoQ; forecast 2.4% QoQ; previous 4.9% QoQ;

01:30 PM GMT, United States - Unit Labor Costs (Q4):

actual 0.5% QoQ; forecast 1.3% QoQ; previous -1.1% QoQ;

EURUSD does not react significantly, however, partial gains were erased on publication. Jobless claims rise slightly more than expected, but still remain low given the longer history.

Source: xStation 5

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