USD is rocking the house ...and JPY and AUD are melting away -- EUR is holding above water for now...
Fewer Americans Than Forecast File Claims for Jobless Benefits
Applications for unemployment benefits in the U.S. declined to the lowest level in almost two months, showing further healing in the labor market. Jobless claims in the week ended Nov. 16 dropped by 21,000 to 323,000, the fewest since the week ended Sept. 28, from a revised 344,000 the previous week, the Labor Department said today in Washington. The median forecast of 47 economists surveyed by Bloomberg called for a drop to 335,000. Last week included the Veterans’ Day holiday, which makes adjusting the data for seasonal swings more difficult, a Labor Department spokesman said. Rising sales going into the ... (full story)