A slight disappointment in weekly jobless claims: they rose to 277K. Nevertheless, this is within the range seen in recent weeks. Continuing claims dropped to 2.191 million, slightly better than expected. and better than 2.242 million last week. The 4 week average stands at 270.75K, 1K under last week’s figure, showing a lot of stability all in all.
The US dollar seems to await bigger events, today and more importantly tomorrow.
Read the rest of the article US jobless claims rises to 277K