The number of Americans filling for unemployment benefits was 0.166 million in the week ended April 2, compared to 0.202 million reported in the previous week (revised to 0.171). Today’s reading came in well below market expectations of 0.200 million.
Continuing claims reading, which lags initial jobless claims data by one week, jumped to 1.523 million from 1.307 million in the previous week (revised to 1506 million), while analysts expected reading of 1.311 million.
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EURUSD saw a relatively small reaction to today’s data release. The most popular currency pair continued to trade around 1.0910 level. Source: xStation5
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