Jobless Claims — News Archive


US Dollar Mixed on Tame Wholesale Inflation, Higher Mortgage Applications

The US dollar is mixed against a basket of currencies on Thursday, attempting to find direction on economic data. The greenback has been trading based on inflation numbers, mortgage loans, and weekly jobless claims, but data may not affect the buck until the US and China officially announce a new trade agreement.

British Pound Falls Ahead of UK Article 50 Extension Vote

The British pound today fell from intra-day lows against the US dollar as investors awaited the crucial vote on a second Brexit referendum. The GBP/USD currency pair yesterday rallied to multi-month highs after UK leaders voted to take a no-deal scenario off the table.

Dovish ECB Rate Decision and Draghi Comments Trigger Euro Crash

The euro today crashed to almost 2-year lows following dovish comments by the European Central Bank Governor after the bank’s interest rate decision earlier today. The EUR/USD currency pair today fell to lows last witnessed in June 2017 after the ECB slashed the eurozone’s economic growth forecasts and announced new easing measures.

US Dollar Weakens As Economy Slows in Q4, Jobless Claims Rise

The US dollar weakened against a basket of currencies on Thursday, driven by a slowing national economy in the fourth quarter and a bump in jobless claims in the last week. The greenback’s losses were capped by a positive business barometer that suggested renewed activity.

Euro Rallies Driven by Other Currency Cross, Drops on US GDP Data

The euro today rallied higher against the US dollar from the early European session driven largely by investor sentiment to hit over 3-week tops midway through the session. Shortly after, the EUR/USD currency pair plunged lower in a pullback that was compounded by the release of the upbeat US Q4 GDP data.

US Dollar Mixed on Flood of Economic Data

The US dollar is mixed against a basket of major currencies on Thursday. With a flood of economic data, traders are sifting through the numbers and finding a play in the greenback. The US-China trade negotiations are also lingering in the background, something that could soon play a factor in the dollar in the coming weeks because reports suggest a new trade agreement is on the brink of happening.

US Dollar Weakens on Retail Sales Plunge, Jobless Claims Jump

The US dollar is weakening against a basket of currencies on Thursday as new data is souring economic outlooks. Retail, inflation, and even jobs impacted the greenback towards the end of the trading week, leaving investors concerned that a contraction is on the horizon.

Euro Falls to Daily Lows Below Key Level on Mixed Eurozone Data

The euro today fell from yesterday’s highs, which were triggered by the dovish FOMC policy statement and comments, following the release of mixed eurozone data. The EUR/USD currency pair recovered slightly after the release of higher-than-expected US jobless claims data, which painted a different picture of the country’s labor market.

Euro Hits Weekly Lows on Weak PMIs, Rallies on Draghi Speech, Later Declines

The euro today fell to new weekly lows in the early European session following the release of weak PMI prints from across the eurozone by IHS Markit. The single currency later rebounded following the announcement of the European Central Bank’s monetary policy decision and a balanced speech by the ECB Governor.

US Dollar Flat As Market Weighs Influx of Data

The US dollar is trading sideways on Thursday as investors comb through the recent data. The greenback has been trading at multi-week highs in recent trading sessions, looking to maintain the momentum from 2018 when it advanced about 5% on the year.