1:34 PM · 30 December 2021

USD strengthens slightly after upbeat claims data

The number of Americans filling for unemployment benefits was 0.198 million in the week ended December 25, compared to 0.205 million reported in the previous week. Today’s reading came in below market expectations of 0.208 million.

Continuing claims reading, which lags initial jobless claims data by one week, dropped to 1.716 million from 1,859 million, while analysts expected a increase to 1.868 million.

EURUSD broke below 1.1335 resistance after today's claims report and is heading towards support level at 1.13.Source:xStation5

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