BREAKING: US Weekly Jobless Claims fall more than forecast

The number of Americans filling for unemployment benefits was 0.498 million in the week ended May 1st, compared to the 0.553 million rise reported in the previous week. Today’s reading came in below market expectations of 0.540 million. However 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, increased to 3.690 million, while analysts expected decrease to 3.62 million. Today’s reading still remain much above the 1.7 million average reported before the pandemic.

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around the 1.2050 level. Source: xStation5

16 July 2026, 7:59 AM

Economic Calendar: Earnings, US Retail Sales and Fed to Fight for Investors' Attention (16.07.2026)

16 July 2026, 7:05 AM

BREAKING: GBPUSD up 0.1% after better-than-expected UK GDP data 🇬🇧 📈

15 July 2026, 7:14 PM

Daily Summary: Wall Street Gains, Dow Jones Near All-Time Highs After Softer PPI Data

15 July 2026, 1:53 PM

Market Wrap: Indices gain on technology stocks rise and lower US PPI data

Economic reports

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