The number of Americans filling for unemployment benefits was 230k million in the week ended December 3, compared to 225k reported in the previous week. Today’s reading came in line with market expectations.
Continuing claims reading, which lags initial jobless claims data by one week, jumped to 1.671 million from 1.608 million, while analysts expected a decrease to 1.600 million.
EURUSD barely reacted to the today’s data release. The main currency pair is moving towards short-term resistance zone in the 1.0540 area. Source: xStation5
