US initial jobless claims data now out 12 April

  • 242k prev
  • continuing claims 1871k vs 1843k exp vs 181k prev revised up from 1806k

Not a lot to get the algos excited here but slightly softer report.

Some USD demand notable still with USDJPY 107.22 and GBPUSD back down to 1.4193 after those 1.4219 heady highs and rally-sell opportunity.

The initial jobless claims data is released by the US Department of Labor and is a measure of the number of people filing first-time claims for state unemployment insurance.

The continuing claims measure the number of individuals who are unemployed and are currently receiving unemployment benefits