US: Initial Jobless Claims rose to 223K last week
Source Fxstreet
- Initial Jobless Claims surpassed consensus and increased to 223K.
- Continuing Jobless Claims climbed to 1.899M in the week ending January 11.
US citizens filing new applications for unemployment insurance rose to 223K for the week ending January 18, as reported by the US Department of Labor (DoL) on Thursday. This print missed initial estimates and was higher than the previous week's unrevised tally of 217K.
The report also highlighted a seasonally adjusted insured unemployment rate of 1.2%, while the four-week moving average rose to 213.5K, marking an increase of 750 from the prior week’s unrevised average.
Moreover, Continuing Jobless Claims went up by 46K to reach 1.899M for the week ending January 11.
Market reaction
The Greenback keeps the inconclusive price action around 107.80 when tracked by the US Dollar Index (DXY) amid a mixed tone in US yields.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
My Top 5 Stock Market Predictions for 2026Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Ethereum Price Forecast: ETH faces heavy distribution as price slips below average cost basis of investorsEthereum (ETH) extended its decline on Wednesday, dropping more than 5% over the past 24 hours toward the $2,100 level, which is below the $2,310 average cost basis or realized price of investors, according to CryptoQuant's data.
Ethereum (ETH) extended its decline on Wednesday, dropping more than 5% over the past 24 hours toward the $2,100 level, which is below the $2,310 average cost basis or realized price of investors, according to CryptoQuant's data.
The U.S. government refuses to bail out Bitcoin, and with Fed rate cuts nowhere in sight, a continued downward trend to test for a bottom is likely after a brief rebound.During the mid-da
Bitcoin plunges 11% to break $65k as analysts term the crash "structural," citing a $1 trillion market wipeout and $2.09 billion in daily liquidations.
Related Instrument
