Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
The U.S Initial Jobless Claims fell 281K , from 296K in the previous week, U.S Initial Jobless Claims was expected to fall to 285K last week.
Continuing Jobless Claims fell 2,215K , from 2,327K in the previous week, Continuing Jobless Claims was expected to stand at fall to 2,295K last week.
Jobless Claims 4-Week Avg. rose 282.50K , from 279.25K in the previous week, an increase of 3,000 from the previous week’s total of 279,250……………
Market Impact : This development should boost the US dollar, buy USD on dips!!!!!!!!!!!!!