01:30 PM GMT, United States - Employment Data:
-
Initial Jobless Claims: actual 223K; forecast 221K; previous 217K;
-
Jobless Claims 4-Week Avg.: actual 213.50K; previous 212.75K;
-
Continuing Jobless Claims: actual 1,899K; forecast 1,860K; previous 1,853K;
This weeks' jobless claims came in slightly higher than expected, moving up the 4-week average for the first time in a month. US dollar gave up some ground against euro upon the publication of the data, relieving slightly the pressure of an overly strong job market, set in early January by a NFP report.
Source: xStation5
NFP much below expectations! ๐จEURUSD spikes ๐
Dollar and Nasdaq facing a key test
Chart of the Day: What will drive the US stock market? (07.08.2026)
Economic Calendar: Will NFP Move the Market? (07.08.2026)