Initial Jobless Claims comes in at 187K against 194K consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
Initial Jobless Claims in the United States registered 187K for the latest period, matching the previous figure of 187K. This print came in below the consensus expectation of 194K, representing a -7.0% surprise against the forecast.
Following the release, market reaction was observed across major currency pairs and gold. Fifteen minutes after the data, AUDUSD was up +0.9 pips, EURUSD gained +5.2 pips, and NZDUSD rose +0.5 pips. GBPUSD was down -0.3 pips. USD pairs showed mixed movement, with USDCAD up +3.6 pips and USDCHF up +0.3 pips, while USDJPY fell -17 pips. XAUUSD, or gold, was up +7.2 pips. These initial movements are generally small when compared to the typical median 1-hour moves observed after similar releases, which include 8 pips for AUDUSD, 10 pips for EURUSD, 13 pips for GBPUSD, 8 pips for NZDUSD, 10 pips for USDCAD, 8 pips for USDCHF, 10 pips for USDJPY, and 28 pips for XAUUSD.