BREAKING: US jobless claims higher than expected. US dollar loses 📉

US jobless claims: 218 k vs 210 k exp. and 205 k previously

Continued jobless claims: 1,875 mln vs 1,875 mln exp. and 1,865 mln previously

• Today's report indicates that US job market cools off, as Federal Reserve hold rates much above inflation level. At the same time, a pace of this cooling down is still low and surprise on Wall Street is not very big, with reading 8 k higher than expected. Today's job market data are quite negative for US dollar and seems to be positive for short term stock market sentiments.

Source: xStation5

Source: Bureau of Labor Statistics, Macrobond, XTB Research

Source: Bureau of Labor Statistics, Macrobond, XTB Research