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
Metaplanet added another 797 BTC to its treasury.
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Impacted by signs of easing geopolitical risks in the Middle East, international gold prices (XAUUSD) rebounded sharply after previously falling to the $4,100 level, at one point climbing
Gold rallies on hopes for US-Iran talks and falling US Treasury yieldsGold price (XAU/USD) gains nearly 2% on Wednesday as Oil futures prices tumbled amid growing speculation that the US and Iran would begin talks to end the conflict that started nearly four weeks ago. At the time of writing, XAU/USD trades at $4,556.
Gold price (XAU/USD) gains nearly 2% on Wednesday as Oil futures prices tumbled amid growing speculation that the US and Iran would begin talks to end the conflict that started nearly four weeks ago. At the time of writing, XAU/USD trades at $4,556.
AUD/USD extends its losing streak for the fourth consecutive day, trading around 0.6880 during the Asian hours on Friday.
Related Instrument
