Event recap USD

Initial Jobless Claims comes in at 194K against 198K consensus

Published Oct 29, 13:00 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
EURUSD——
USDJPY——
Change measured from story publish at 13:00 UTC, from our own MT4 feed.

Initial Jobless Claims in the United States came in at 194K for the week ending October 24, 2026. This figure was below the consensus expectation of 198K, representing a -2.0% surprise. The previous week’s reading was also 194K.

Following the release, market reaction across major currency pairs showed limited movement in the first 15 minutes. AUDUSD was up 2.4 pips, EURUSD was up 4.4 pips, and GBPUSD was up 7.4 pips. NZDUSD gained 5.0 pips. USD pairs generally moved lower, with USDCAD down 1.3 pips, USDCHF down 7.1 pips, and USDJPY down 7.6 pips. XAUUSD was down 2.6 pips. These initial moves are small relative to the typical 1-hour median moves observed after past Initial Jobless Claims releases. For example, EURUSD typically sees a median 1-hour move of 10 pips, and its direction reliability after past releases has been 54%.

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