There were 1,427,000 Initial Claims for unemployment benefits in the US during the week ending June 27th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in slightly worse than the market expectation of 1,355,000. Market reaction The US Dollar Index, which came under renewed bearish pressure on upbeat Nonfarm Payrolls data, was last seen losing 0.3% on the day at 96.86. Additional takeaways “The 4-week moving average was 1,503,750, a decrease of 117,500 from the previous week’s revised average.” “The advance seasonally adjusted insured unemployment rate was 13.2% for the week ending June 20, unchanged from the previous week’s revised rate.” “The advance number for seasonally adjusted insured unemployment during the week ending June 20 was 19,290,000, an increase of 59,000 from the previous week’s revised level.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold refreshes session lows, slides below $1765 level post-NFP FX Street 3 years There were 1,427,000 Initial Claims for unemployment benefits in the US during the week ending June 27th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in slightly worse than the market expectation of 1,355,000. Market reaction The US Dollar Index, which came under renewed bearish pressure on upbeat Nonfarm Payrolls data, was last seen losing 0.3% on the day at 96.86. Additional takeaways "The 4-week moving average was 1,503,750, a decrease of 117,500 from the previous week's revised average." "The advance seasonally adjusted insured unemployment rate was 13.2% for the week ending June… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
