U.S Initial Jobless Claims Rises 271K , Buy USD On Dips !

forex joblessFILEminimizer Copy
forex joblessFILEminimizer Copy

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.

U.S Initial Jobless Claims rose 271K, from 268K in the previous week, U.S Initial Jobless Claims was expected to rise 272K last week.

Jobless Claims 4-Week Avg. fell 273.75K , from 277.00K in the previous week.

Market Impact : This development is likely to advance the USD even in case of a pullback , so recommendations remain buying the USD on dips !