- Weekly Initial Jobless Claims in the US jumped to 37K from 364K.
- US Dollar Index drops to fresh session lows, around 92.40 area.
There were 373,000 initial claims for unemployment benefits in the US during the week ending July 2, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading more than the market expectation for a reading of 350,000 and followed last week’s upwardly revised reading of 371,000 (364,000 reported previously).
Market reaction
The US Dollar Index maintained its offered tone in reaction to the report and refreshed daily lows, around the 92.40-35 region.
