US initial jobless claims fell -6k to 233k in the week ending June 22, slightly above expectation of 230k. Four-week moving average of initial claims rose 3k to 236k. Continuing claims rose 18k to 1839k in the week ending June 15, highest since November 27, 2021. Four-week moving average of continuing claims rose 12k to […]
The post US initial jobless claims falls to 233k, vs exp 230k appeared first on Action Forex.
Key Highlights USD/JPY rallied above 149.20 before the bears appeared. It traded below a major bullish trend line with support at 149.35 on the 4-hour chart. EUR/USD extended losses and traded below the 1.0950 support. Read more…
Atlanta Fed President Raphael Bostic, in an interview with WSJ, indicated that he is open to pausing further rate cuts if economic data warrants it. “I am totally comfortable with skipping a meeting if the Read more…
SNB Vice Chair Antoine Martin indicated that the central bank may consider lowering interest rates, potentially even taking them into negative territory, as a tool to support the economy. Speaking at an event overnight, Martin Read more…