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Posted 14 hours ago
US jobless claims hit 56-year low at 187,000
Initial jobless claims fell to 187,000 last week, the lowest level since September 1969, signaling tight labor markets. This reinforces Fed hawkish bias and supports USD strength as persistent labor tightness keeps inflation risks alive and rate-cut expectations at bay.
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11 hours ago
US jobless claims hit 60-year low; Fed inflation focus
US unemployment benefit applications fell to nearly 60-year lows, signaling labor-market stability and potentially allowing the Federal Reserve to prioritize inflation control. This supports a hawkish Fed narrative already driving USD strength and yields toward 5%, reinforcing near-term dollar demand and downward pressure on EUR/USD and GBP/USD.
https://www.bloomberg.com/news/articles/2026-07-25/charting-the-global-economy-growth-picks-up-ai-boom-continuesNew to MyTradingLand?
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