BREAKING: US Jobless Claims broadly in line with  expectations

1:35 PM 5 August 2021

The number of Americans filling for unemployment benefits was 0.385 million in the week ended July 31st, compared to the 0.400 million rise reported in the previous week. Today’s reading came in slightly above market expectations of 0.384 million. Claims are still far from the 200 thousand level reported back in February due to slow labor market recovery.

Continuing claims reading, which lags initial jobless claims data by one week, dropped to 2.930 million, while analysts expected a decrease to 3.260 million. 

EURUSD broke below 1.1840 support after today's data releases and is heading towards next support level at 1.1825 which coincides with major upward trendline. Source:xStation5  

 

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits