Menu
Sister Sites

  • Unemployment Insurance Weekly Claims

    From dol.gov Story is in PDF Format

    In the week ending August 5, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 21,000 from the previous week's unrevised level of 227,000. The 4-week moving average was 231,000, an increase of 2,750 from the previous week's unrevised average of 228,250. The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending July 29, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 29 was 1,684,000, a decrease of 8,000 from the previous week's revised level. The ... (full story)

Added at 8:38am

  • US: Weekly Initial Jobless Claims rise to 248K vs. 230K expected

    From fxstreet.com

    Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose to 3.2% on a yearly basis in July from 3% in June, the US Bureau of Labor Statistics (BLS) reported on Thursday. This reading came in slightly below the market expectation of 3.3%. Further details of the publication revealed that the Core CPI inflation, which excludes volatile food and energy prices, edged lower to 4.7% from 4.8%. On a monthly basis, the CPI and the Core CPI both rose 0.2%, matching analysts' estimates. With the immediate reaction, the US Dollar came under strong selling pressure. As of writing, the US Dollar ... (full story)

All data usd why so bad
Probability Win = 20% Lose = 80%
because americans don't want to work, easy, collect check and that is all folks.
Quoting hesron
All data usd why so bad
may be USD index is corrected... before go up...
Quoting chiche
because americans don't want to work, easy, collect check and that is all folks.
There's many variables one could look at in this situation. How about the Americans who do work their 9-5 and have seen everything increase around them substantially except their wages? There's a way more complex answer to the issues at play.
The markets are like water it ebbs and flows.
this is important data ....... but so bad
Probability Win = 20% Lose = 80%
Quoting hesron
Hidden
What manipulation are you referring too?
The markets are like water it ebbs and flows.
Quoting hesron
All data usd why so bad
Where the data so bad?

Beside the unemployment claims, all the CPI data were not bad, the problem was the forecast.

CPI Y/Y has been declining steadily since July 2022, this is the 1st month that stemmed the falling slide.

If monthly forecasts has been 0.1%, and Y/Y has been a 3.0% then all results would have been green and you won't have commented as bad.

CPI increased on all fronts, m/m and y/y

You can see the counter reaction
Quoting Blessed-man
{quote} Where the data so bad? Beside the unemployment claims, all the CPI data were not bad, the problem was the forecast. CPI Y/Y has been declining steadily since July 2022, this is the 1st month that stemmed the falling slide. If monthly forecasts has been 0.1%, and Y/Y has been a 3.0% then all results would have been green and you won't have commented as bad. CPI increased on all fronts, m/m and y/y You can see the counter reaction
Attached Image (click to enlarge)
Click to Enlarge Name: a5.png Size: 10 KB
Probability Win = 20% Lose = 80%
  •  Guest
  • | IP XXXX:a132:dd5c
I would really like some help
Like news were very bad and the market is still going up on Dollar?
How is that even possible because I am very confused all of a sudden.
Quoting Guest
I would really like some help Like news were very bad and the market is still going up on Dollar? How is that even possible because I am very confused all of a sudden.
Welcome to the club.
Quoting hesron
this is important data ....... but so bad
I see USD/JPY is at a high for this year, but it seems it had enough and might turn lower.
Quoting Bakker
{quote} I see USD/JPY is at a high for this year, but it seems it had enough and might turn lower.
yes, but If It turn lower now..is easy for everyone ...so it will go up a little form here before go down... .. due to USD index can reach 104...before turn down..
  • New Comment
  •  Guest
  • | IP XX.XXX.94.18
Join FF
  • Story Stats

  • Related Stories