Continuing Jobless Claims comes in at 1.778M against 1.79M consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
Continuing Jobless Claims in the United States came in at 1.778M, lower than the consensus expectation of 1.79M. This figure also marked a decrease from the previous reading of 1.799M, representing a -0.7% surprise against the consensus.
Following the release, market reaction varied. AUDUSD moved -1.9 pips after 15 minutes, while EURUSD saw a +0.1 pip change. GBPUSD was down -1.8 pips, and NZDUSD registered a -0.1 pip change. USDCAD moved -1.8 pips, USDCHF was down -1.4 pips, and USDJPY saw a -0.3 pip change. XAUUSD experienced a notable move, dropping 60 pips 15 minutes after the release. For most currency pairs, these initial moves were small compared to their typical median 1-hour moves, which range from 8 to 13 pips. XAUUSD’s 15-minute move of -60 pips was close to its median 1-hour move of 29 pips.