US: Initial Jobless Claims rose more than expected
Source Fxstreet
- Initial Jobless Claims rose by 214K in the third week of the year.
- Continuing Jobless Claims also surpassed estimates.
US citizens that applied for unemployment insurance benefits increased by 214K in the week ending January 20 according to the US Department of Labor (DoL) on Thursday. The reading came in above market consensus and follows a 189K gain in the previous week.
Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.2% and the 4-week moving average stood at 202.25K, a decrease of 1.5K from the previous week's revised average.
In addition, Continuing Claims increased by 27K to 1.833M in the week ended January 13.
Market reaction
The US Dollar Index kept the daily range in the low 103.00s soon after the publication of weekly labour market data, extending the leg lower sparked on Wednesday.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Similar to Bitcoin prices volatility, the crude oil market experienced a 'rollercoaster' performance twice in 2025, surging in January and June, respectively. However, crude oil prices ar
Gold price (XAU/USD) edges higher above $4,350 during the Asian trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October.
Token Terminal data revealed that smart contracts deployed on the Ethereum network hit an all-time high of 8.7 million in the fourth quarter of 2025.
Silver Price Forecasts: XAG/USD drops below $75.00 after Trump - Zelenkyy’s meeting Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
Two Crypto “Buy” Calls for 2027: Bitcoin Looks Plausible, XRP Looks Like a High-Conviction BetStandard Chartered’s Kendrick-backed 2027 targets paint large upside for Bitcoin and XRP—but Bitcoin’s ETF-led adoption case looks sturdier, while XRP remains a higher-volatility bet dependent on ETF traction and real-world payments scaling.
Standard Chartered’s Kendrick-backed 2027 targets paint large upside for Bitcoin and XRP—but Bitcoin’s ETF-led adoption case looks sturdier, while XRP remains a higher-volatility bet dependent on ETF traction and real-world payments scaling.
