Page 31 - Initial Claims News Today

4/16/2021 4:26:40 PM GMT USD/JPY falters as Treasury yields slide, drops 1% on the week. 10-year yield sheds 15 points to Thursday, recovers 5 on Friday. Excellent US Retail Sales, Jobless Claims provide no immediate dollar support. Consolidation likely in USD/JPY as markets await initial US second quarter data. FXStreet Forecast Poll predicts extending USD/JPY weakness. In a classic case of following the bouncing yields, the USD/JPY sank for the first four days as US Treasury yields saw their...

Tumbling jobless claims signal the labor-market rebound is entering full swing as the US reopens. Improved hiring can boost consumer spending, which accounts for 70% of economic activity. Stimulus boosted retail sales higher in March, and a stronger labor market can lift spending further. For several months during the pandemic, the labor market lagged other gauges of economic health. As manufacturers rebounded and Americans spent their stimulus checks, hiring remained stagnant, falling short of...

Apr 15, 2021 07:41 GMTFXStreet News DXY is up smalls around 91.70 ahead of the European opening. Fed’s Powell said the economy is expanding quickly. Retail Sales, Initial Claims next of note in the calendar. The greenback, in terms of the US Dollar Index (DXY), trades slightly on the positive territory around the 91.70 region ahead of the opening bell in the European markets on Thursday. US Dollar Index now looks to data The index so far reverses three consecutive daily pullbacks and manages...

4/14/2021 5:32:37 AM GMT | By Pablo Piovano DXY remains on the defensive below the 92.00 mark. US 10-year yields accelerate the downside and look to 1.60%. Fedspeak, Powell, Beige Book take centre stage in the NA session. The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main rivals, extends the downside momentum further south of the 92.00 yardstick. US Dollar Index weaker on lower yields The index recedes for the third session in...

The Conference Board Employment Trends Index™ (ETI) Increased in March Strong job growth expected over the coming months News provided by Share this article Share this article NEW YORK, April 5, 2021 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) significantly increased in March, after a small decrease in February. The index now stands at 102.44, up from 100.01 (a downward revision) in February. The index is currently up 7.7 percent from a year ago. "The Employment Tren...

The Conference Boards Employment Trends Index - which forecasts employment for the next 6 months - significantly increased with the authors saying " The Employment Trends Index significantly increased in March and signals that job growth will be very strong over the coming months". Analyst Opinion of Conference Boards Employment Index Econintersect evaluates the year-over-year change of this index (which is different than the headline view) - as we do with our own employment index. The year-ove...

REUTERS/Nick Oxford US jobless claims totaled 719,000 last week, up from the prior weeks revised reading of 658,000. The reading lands above the median estimate of 678,000 and marks the second jump in three weeks. Continuing claims fell to 3.79 million for the week that ended March 20. More Americans filed for unemployment benefits last week as the labor-market rebound hit snags. New jobless claims reached an unadjusted 719,000 for the week that ended Saturday, the...

The US Dollar Index (DXY), which gauges the greenback vs. a basket of its main rivals, remains on the defensive and closer to the key support at 93.00

4/1/2021 11:39:35 AM GMT | By Pablo Piovano EUR/JPY moves higher and surpasses the 130.00 level. The Japanese yen remains offered and helps with the upside. US ISM Manufacturing, Initial Claims next on tap in the docket. The persistent offered fashion around the Japanese yen keeps collaborating with the upside momentum in EUR/JPY in weekly peaks, looks to data EUR/JPY advances for the third session in a row and manages well to return to the area above th...

Mar. 11—A revised public health order last month that loosened COVID-19-related business restrictions in the state has not yet lowered initial claims for unemployment benefits, according to the New Mexico Department of Workforce Solutions. The state saw 3,631 initial claims for standard benefits for the week ending March 6 and 1,397 claims for federal Pandemic Unemployment Assistance for the ...