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 […]
Rep. Ilhan Omar’s daughter, an activist, is jobless and selling secondhand clothes 15 months after being arrested at an anti-Israel protest in Columbia.
Isla Hirsi, the daughter of Rep. Ilhan Omar (D-Minn.), shared on Tuesday that she is currently jobless following her graduation from Barnard College. “Unemployment got me,” she posted alongside selfies on her Instagram Stories. The 22-year-old, who is known for her activism, seems to be selling some of her clothes to her 82,000+ followers on […]
Initial jobless claims in the US at 247K, higher than the anticipated 235K
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Australian Dollar remains steady as US Dollar increases before Initial Jobless Claims.
The Australian dollar remains stable despite a decrease in Australia’s trade surplus. China’s Caixin Services PMI rose to 51.1 in May, up from 50.7 in April. The US dollar is facing difficulties due to disappointing economic data released on Wednesday. The Australian dollar (AUD) held its ground against the US dollar (USD) on Thursday, staying […]