US: Initial Jobless Claims increased to 231K last week
- Initial Jobless Claims increased to 231K vs. 209K in the previous week.
- Continuing Jobless Claims increased to 1.844M
The number of United States (US) citizens submitting new applications for unemployment insurance rose to 231K for the week ending January 31. The latest print came in short of initial estimates (212K) and was higher than the previous week’s unrevised 209K, according to the US Department of Labour (DOL) report released on Thursday.
Additionally, the 4-week moving average increased by 6,000, bringing it to 212.25K from the unrevised average of the previous week (206K).
The report also indicated that Continuing Jobless Claims increased by 25K to 1.844M for the week ending January 24. This is the lowest level for insured unemployment since October 5, 2024.
Market Reaction:
The US Dollar (USD) was largely unchanged, with the US Dollar Index (DXY) trading near 97.70.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.03% | 0.52% | -0.17% | 0.04% | 0.34% | 0.10% | -0.28% | |
| EUR | 0.03% | 0.54% | -0.15% | 0.10% | 0.36% | 0.12% | -0.25% | |
| GBP | -0.52% | -0.54% | -0.68% | -0.47% | -0.20% | -0.41% | -0.79% | |
| JPY | 0.17% | 0.15% | 0.68% | 0.24% | 0.54% | 0.28% | -0.07% | |
| CAD | -0.04% | -0.10% | 0.47% | -0.24% | 0.31% | 0.06% | -0.32% | |
| AUD | -0.34% | -0.36% | 0.20% | -0.54% | -0.31% | -0.24% | -0.61% | |
| NZD | -0.10% | -0.12% | 0.41% | -0.28% | -0.06% | 0.24% | -0.38% | |
| CHF | 0.28% | 0.25% | 0.79% | 0.07% | 0.32% | 0.61% | 0.38% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
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