fxs_header_sponsor_anchor

News

US: Weekly Initial Jobless Claims rise to 225K in week ending December 24

  • Initial Jobless Claims in the US increased by 9,000 in the week ending December 24.
  • US Dollar Index stays in negative territory near 104.00.

There were 225,000 initial jobless claims in the week ending December 24, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week's print of 216,000.

Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.2% and the 4-week moving average was 221,000, a decrease of 250 from the previous week's revised average.

"The advance number for seasonally adjusted insured unemployment during the week ending December 17 was 1,710,000, an increase of 41,000 from the previous week's revised level," the DOL noted.

Market reaction

The US Dollar Index edged lower with the initial reaction and was last seen losing 0.38% on the day at 104.05.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.