U.S Initial Jobless Claims Rises To 274K , USD Under Pressure !

forex jobless min
forex jobless min

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 rose from 264K to 274K in the previous week, analysts had expected it to  rise to 271K last week..The 4 week average fell from 271.75K to 266.25K….

This development should put US dollar under pressure, but the most important is next U.S data after 45 min, the market waits for Existing Home Sales and  Philadelphia Fed Manufacturing Index…stay tuned for updates…