1:37 PM · 18 November 2021

BREAKING: USD weakens slightly after claims data

The number of Americans filling for unemployment benefits was 0.268 million in the week ended November 13, compared to 0.269 million reported in the previous week. Today’s reading came in above market expectations of 0.260 million.

Continuing claims reading, which lags initial jobless claims data by one week, dropped to 2.08 million from 2.160 a week before, while analysts expected a decrease to 2.120 million.

EURUSD bounced off the upward trendline after today's data release and is heading towards resistance level at 1.1350. Source:xStation5

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Economic reports

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