BREAKING: US jobless claims well below expectations. EURUSD loses

US macro data readings

US jobless claims came in 209 k vs 227.5 exp, and 231k previously

Continued jobless claims: 1.84 million vs 1.875 million exp. and 1.865 million previously

USA - Durable goods orders:

Actual: -5,4% MoM Exp. -3,1%; Previously 4,6%
Ex-transport:: 0% MoM. Exp. 0,1% Previously 0,4%

Much stronger than expected reading from US job market signalled that Fed may not cur rates as fast as market expect in 2024 which strengthened US dollar and weakened EURUSD. At the same time, revision of US durable goods orders came in weaker than expected, making today US macro readings quite mixed.

Source: xStation5

Source: XTB Research, US Bureau of Labor Statistics, Bloomberg Finance L.P.

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