US Jobless Claims Rise at Faster Pace

The number of Americans filling for unemployment benefits was 1.42 million in the week ended July 18th, after 1.3 million in the previous period, bringing total claims to near 52.7 million since March 21st when the coronavirus pandemic started in the US. Today’s reading came in above market expectations of 1.3 million and might be a sign that the labour market recovery may take much more time than initially expected.

Continuing claims, which lags initial jobless claims data by one week, reach 16.197 million, while analysts expected a drop to 17.067 million.

US initial jobless claims rise for the first time since March. Source: Bloomberg

EURUSD fell after today's data releases and is testing 1.1565 support level Source: xStation5 .

6 November 2026, 7:12 PM

Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall

6 November 2026, 1:31 PM

BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge

6 November 2026, 12:10 PM

EURUSD loses ground ahead of NFP

5 November 2026, 12:00 PM

BREAKING: BoE raises interest rates by 25pbs to 4%⏰

Economic reports

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