U.S. unemployment claims reading was higher than expected was week. The Labor Department reported increase by 21 000 to total 377 000. Previous month data was revised to 356 000, the lowest number in almost four years. The jobless claims index was expected at the level of 370 000 for previous week.
Increasing claims for unemployment benefit do not mean worst labor situation. The amount remains under 400 000 which indicates strong market. Especially now, around holidays labor market seems to be more volatile.
After data release EUR/USD was traded at 1.3165.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
