The Department of Labor reported that Initial claims for unemployment benefits fell by 19,000 in the week ended February 6 to 793,000, a figure higher than the 757,000 of the market consensus. Those of the previous week were revised from 779,000 to 812,000.
Regarding the continued orders, they also showed worse than expected numbers. In the week ended January 31, they fell by 145,000 to 4,545,000, with a further decrease expected to 4.49 million. Anyway, it’s the fourth consecutive week with falls and the lowest figure since March.
The report had no impact on the market and the dollar remained weak, in the area of ​​the day’s lows, as a result of a movement prior to the publication of the labor market figures. The dollar index (DXY) falls 0.17% and operates at 90.27, very close to Wednesday’s lows.
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