BREAKING: USD strengthens after US GDP and claims data

The US economy advanced by an annualized 6.6% % in the second quarter, following a 6.4 % expansion in the previous three-month period, slightly below analysts’ estimate of 6.7%, the second estimate showed. Personal consumption +11.9% vs +11.8% advance reading, GDP price index +6.1% vs +6.1% advance, Core PCE +6.1% vs +6.1% expected, GDP final sales vs +7.7% advance.

The number of Americans filling for unemployment benefits was 0.353 million in the week ended August 21st, compared to 0.348 million reported in the previous week. Today’s reading came in above market expectations of 0.350 million. Claims are still far from 200 thousand level reported back in February.

Continuing claims reading, which lags initial jobless claims data by one week, rose to 2.862 million, while analysts expected a decrease to 2.790 million.

EURUSD - initially currency pair rose slightly after publication of today's data, however buyers manage to quickly regain control and price is testing the lower limit of triangle formation. Source:xStation5

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

15 April 2026, 4:25 PM

BREAKING: First U.S. inventory decline in two months, mainly due to record exports

Economic reports

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