Home US: Initial Jobless Claims jumps to 281K in week ending March 14 vs 220K expected
FXStreet News

US: Initial Jobless Claims jumps to 281K in week ending March 14 vs 220K expected

FX Street
Updated:
  • Weekly Jobless Claims rose more than expected in US.
  • US Dollar Index clings to strong gains above 102.

The Initial Jobless Claims in the US jumped to 281,000 from 211,000 in the week ending March 14th, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading came in worse than the market expectation of 220,000.

Further details of the report showed that the Continued Claims rose to 1.701 million in the week ending March 6th from 1.699 million in the previous week. 

USD reaction

The US Dollar Index largely ignored these figures and was last seen adding 1.37% on the day at 102.30.

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.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2024