BREAKING: US jobless claims unexpectedly fall back to 250k

1:35 PM 18 August 2022

The number of Americans filling for unemployment benefits dropped to 0.250 million in the week ended August 13, compared to 0.262 million reported in the previous week. Today’s reading came in below market expectations of 0.265 million.
Continuing claims reading, which lags initial jobless claims data by one week, rose to 1,437 million from 1,428 million, while analysts expected a increase to 1.438 million.
The Philadelphia Fed Manufacturing Index unexpectedly increased to 6.2 in August from -12.3 in July, well above market expectations of -5.0.

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.0180 level. Source: xStation5

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BREAKING: US jobless claims unexpectedly fall back to 250k

Market News

ADP report significantly higher than expected! EURUSD returns to declines

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