Forex Today: DXY increases following weaker US Jobless Claims
Here’s what you need to know on Friday, February 27th. For the week ending February 21, new jobless claims totaled 212,000. This number is a touch lower than the 215,000 that economists had anticipated, though it’s slightly up from the earlier figure of 208,000. Continuing insurance claims also saw a dip, coming in at 1,833,000, […]
Jobless Rate Drops to 4.4% with 50,000 New Jobs in December
U.S. Labor Market Shows Moderate Growth in December The U.S. labor market maintained a steady growth pace in December, featuring a significant drop in the unemployment rate. According to the Labor Department, the economy added 50,000 jobs in December, resulting in an unemployment rate decrease to 4.4%. Economists had anticipated a gain of around 55,000 […]
Stock Market Update, Dec. 31: Stocks Rise as Jobless Claims Show Weakness to Conclude 2025
This live blog is updated consistently throughout the day with the latest market fluctuations. So, it’s Wednesday, and here’s the stock market summary for December 31, 2025. You can check out our daily live updates for the latest details. Well, 2025 is wrapping up, and the U.S. market is currently closed. Today, around 67.8% of […]
EUR/USD reaches new multi-week peaks before the release of US Jobless Claims
EUR/USD Trading Update The EUR/USD pair has recovered from recent dips, now trading close to 1.1720, reflecting a high not seen in nearly two months. The shift in market sentiment is favoring the euro, while the US dollar appears to be lagging behind as traders assess the dovish stance of the US Federal Reserve announced […]
US Dollar Index drops to around 98.50 after Fed rate cut, with attention on Jobless Claims data.
US Dollar Index Experiences Decline After Fed Decision The US Dollar Index (DXY), which tracks the dollar’s value against a mix of six other currencies, was trading lower at about 98.55 during Asian trading on Thursday. The index dropped further following the US Federal Reserve’s decision to cut interest rates in its December meeting. As […]
Stocks Steady Before Opening as Rally Slows, U.S. Jobless Claims Data Expected
December S&P 500 E-Mini Futures rose slightly by +0.02%, while December NASDAQ 100 E-Mini Futures dipped down by -0.01% this morning, taking a pause after recent gains. Investors are closely watching the U.S. unemployment claims data, which will shed light on the labor market ahead of the Federal Reserve meeting next week. Meanwhile, rising bond […]
Jobless claims reach 1.9 million, the highest level since August
Unemployment Benefits Rise for Millions of Americans In mid-October, over 1.9 million Americans applied for unemployment benefits, marking the highest figure seen since early August, according to data from the Department of Labor (DOL). For the week ending October 18, there were 1,957,000 claims, with 232,000 being new submissions. This information is gathered by the […]
Wuhan doctor and former EcoHealth Alliance president claim they are ‘jobless’ and ‘struggling’: lawsuit
A former president of a nonprofit based in Manhattan, which conducted controversial research at China’s Wuhan Institute of Virology prior to the COVID-19 outbreak, claims to be “unemployed” and “poor” in a lawsuit seeking $3 million against the organization. Dr. Peter Daszak, who led EcoHealth Alliance, has been prevented from receiving federal funding until 2029 […]
Initial Jobless Claims in the US decreased to 231K last week
The latest week saw initial unemployment claims drop to 231K. Continued unemployment claims decreased to 1.920 million. According to a report from the U.S. Department of Labor released on Thursday, new applications for unemployment insurance decreased to 231,000 for the week ending September 13th. This figure was below expectations of 240,000 and revised down from […]
US Dollar Index Price Prediction: Approaches 98.00 support before US Initial Jobless Claims
US Dollar Index may encounter significant resistance at 98.54 50-day EMA Short-term price momentum is faltering as DXY trades below the nine-day EMA. Immediate support seems to rest at the lower boundary of 97.70 within the rising channel. The US Dollar Index (DXY), which gauges the dollar’s value against six major currencies, has continued to […]