Stability in US jobless claims: 291K this time after 289K last time. This was now revised to 290K, showing even greater stability. The four week moving average is at 304.75K, but it could fall next week.
The US dollar continues recovering after the punch from the Fed.
Continuing claims stand at 2.417 million, similar to levels seen beforehand.
At the same time, the US current account was reported, and it missed predictions, hitting a deficit of 113.5 billion in Q3, worse than 103 predicted. This is also up from 100.3 billion seen in Q3.
The US dollar was badly hit by the relatively dovish Fed decision yesterday. Yellen clarified that the removal of patience does not imply an “impatient” Fed regarding rate hikes.
However, this move reversed itself quite quickly, with the dollar getting back up on its feet once again in the morning after.
There is another important indicator awaiting the dollar today: the Philly Fed Index. It is expected to tick up from 5.2 to 7.2 points.
More: US Treasury Secretary sees pay rises – does the Fed agree?
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