Select Language

US: Initial Jobless Claims rose to 219K last week

Breaking news

US: Initial Jobless Claims rose to 219K last week

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.02.06 22:55
US: Initial Jobless Claims rose to 219K last week

update 2025.02.06 22:55

  •  Initial Jobless Claims rose above consensus to 219K.
  • Continuing Jobless Claims climbed to 1.886M in the week ending January 25.

US citizens filing new applications for unemployment insurance rose to 219K for the week ending February 1, as reported by the US Department of Labor (DoL) on Thursday. This print missed initial estimates and was higher than the previous week's revised tally of 208K (from 207K).

The report also highlighted a seasonally adjusted insured unemployment rate of 1.2%, while the four-week moving average rose to 216.75K, marking an increase of 4K from the prior week's revised average.

Moreover, Continuing Jobless Claims went up by 36K to reach 1.886M for the week ending January 25.

Market reaction

The Greenback maintains its bullish bias above 108.00 when tracked by the US Dollar Index (DXY), reversing a three-day negative streak.


Date

Created

 : 2025.02.06

Update

Last updated

 : 2025.02.06

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Dow Jones Industrial Average splits from the pack and sheds 150 points

The Dow Jones Industrial Average (DJIA) slid on Thursday, falling around 150 points to retest the 44,750 level.
New
update2025.02.07 02:25

Canadian Dollar flattens ahead of key labor prints

The Canadian Dollar (CAD) spun in a tight circle on Thursday, churning chart paper near 1.4300 against the US Dollar (USD) as markets gear up for another Nonfarm Payrolls (NFP) Friday.
New
update2025.02.07 01:45

EUR/USD Price Analysis: Bulls pause as pair retreats toward 20-day SMA

The EUR/USD pair pulled back on Thursday, declining by 0.45% to 1.0370 as bullish momentum faded.
New
update2025.02.07 01:08

GBP/USD plummets as BoE cut rates unanimously

The Pound Sterling fell during Thursday's North American session, down 0.79% after the Bank of England (BoE) reduced the Bank Rate by 25 basis points.
New
update2025.02.07 00:07

EUR/GBP rallies to near 0.8380 after BoE's dovish interest rate decision

The EUR/GBP pair surges and posts a fresh weekly high to near 0.8380 in Thursday's North American session.
New
update2025.02.06 23:06

US: Initial Jobless Claims rose to 219K last week

US citizens filing new applications for unemployment insurance rose to 219K for the week ending February 1, as reported by the US Department of Labor (DoL) on Thursday.
New
update2025.02.06 22:54

GBP/USD slides further after expected BoE rate cut - Scotiabank

The Pound Sterling (GBP) slid in the wake of the BoE rate decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2025.02.06 22:45

EUR/USD: Ignores stronger German Factory Orders data - Scotiabank

German Factory Orders data for December rose a solid 6.9% in the month, versus expectations for a 2.0% gain, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2025.02.06 22:41

CAD: Spreads remain a big impediment to a stronger rebound - Scotiabank

The softer CAD reflects the general trend in the majors against the broadly higher USD on the session.
New
update2025.02.06 22:38

USD strengthens modestly - Scotiabank

The US Dollar (USD) is trading a little higher overall this morning, partially reversing three days of losses following the tariff turmoil at the start of the week, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2025.02.06 22:26

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel