USD/JPY was trading at 146.23 ahead of the data and rose to 146.46 afterwards. This should be a nail in the coffin of the idea of a cut at the July FOMC meeting and erases the recent bump in claims. It's very tough to find any real sign of a weak jobs picture in the US but continuing claims are at the highest since 2021 in a sign that it's getting harder to find a job.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US weekly initial jobs claims 227K versus 235K expected )
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