Jobless claims in the United States fell by 201k.
In the week ending September 16, initial jobless claims in the United States fell by 20,000.
In the week ending September 9, Continuing intial jobless Claims fell by 21,000 people.
The US Dollar Index surges above 105.50 to new multi-month highs.
The weekly figures provided by the US Department of Labor (DOL) on Thursday revealed that initial jobless claims reached 201,000 in the week ending September 16. The reading is the lowest since late January. This follows the previous week’s print of 221,000 (revised from 220,000), which fell short of the market forecast of 225,000. “The 4-week moving average was 217,000, a decrease of 7,750 from the previous week’s revised average”, the DOL reported.
Continuing claims fell by 21,000 in the last month. to 1.662 million in the week ended September 9, the lowest level since January and well below market estimates of 1.695 million.
Initial jobless claims reaction on market.
After jobless claims report, the US Dollar Index rose above 105.70, setting new multi-month highs.
