HomeLive CommentsUS initial jobless claims rose to 224k, durables dropped -4.4%, Dollar lower

US initial jobless claims rose to 224k, durables dropped -4.4%, Dollar lower

Initial jobless claims rose 3k to 224k in the week ended November 17, above expectation of 215k. Four-week moving average of initial claims rose 2k to 218.5k.

Continuing claims dropped -2k to 1.668M in the week ended November 10. Four-week moving average of continuing claims rose 7.5k to 1.650M.

Headline durable goods orders dropped sharply by -4.4% in October, missed expectation of -2.5%. Ex-transport orders rose just 0.1%, missed expectation of 0.4% too.

Dollar trades notably lower after the releases.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Learn Forex Trading