Read more
12:32 PM · 7 December 2023

BREAKING: USD muted after Challenger report release

EUR/USD
Forex
-
-

Challenger report on planned lay-offs for November was released at 12:30 pm GMT today. Report showed planned lay-offs at 45.51 thousand, up from 36.84 thousand in October. However, on an annual basis, this marked a 40.8% YoY drop. That shows that US labour market remains tight but a pick-up in planned lay-offs also adds arguments to Fed's view of no need to hike rates anymore.

USD ticked lower following the release, but scale of the move was very small. EURUSD gained around 0.05% in the first minutes following the release.

EURUSD gained slightly after Challenger report release but scale of the move was very small. Source: xStation5

5 December 2025, 6:56 PM

Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide

5 December 2025, 3:01 PM

BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher

5 December 2025, 1:32 PM

BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉

5 December 2025, 11:42 AM

DE40: Adequate data, Mild growth

Join over 2 000 000 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