US initial jobless claims rose 2k to 223k in the week ending March 15, slightly above expectation of 222k. Four-week moving average of initial claims rose 750 to 227k. Continuing claims rose 33k to 1892k in the week ending March 18. Four-week moving average of continuing claims rose 6k to 1876k. Full US jobless claims […]
The post US initial jobless claims rise to 223k vs exp 222k appeared first on Action Forex.
Big trends win out in the end. New realities can take time to emerge, but when they do, things can break quickly. The US outlook is a case in point. When we commented back in Read more…
Key Highlights USD/JPY struggled to continue higher above the 150.15 level. A connecting bearish trend line is forming with resistance at 150.00 on the 4-hour chart. GBP/USD could gain pace for a move above the Read more…
Bank of Canada Governor Tiff Macklem issued a stark warning on the economic consequences of prolonged US tariffs, emphasizing that broad-based and long-lasting trade barriers will depress Canadian exports, reduce overall output, and push consumer Read more…