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EUR/USD: Trading the US Unemployment Claims
The US Unemployment Claims indicator is published weekly, and measures the number of people filing for unemployment for the first time. A reading which is higher than the market forecast is bearish for the dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Thursday at 13:30 GMT. Indicator Background Unemployment claims is an important economic indicator of consumer confidence in the economy. It helps measure future spending behavior, as consumers are more likely to spend if they are confident that their jobs are secure and unemployment is stable or dropping. In turn, an increase in ... (full story)
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