The U.S. Department of Labor reported that initial claims for unemployment benefits they fell from 787,000 to 712,000 in the week ending November 28. The data was lower than the 775,000 of the market consensus.
Regarding the continued orders, these were reduced by 569,000 to 5,520,000 in the week of November 21, well below the 5,915,000 expected. It is the lowest figure since March.
Despite showing better than expected data and a downward trend, claims for unemployment benefits remain at extreme high levels, where they went up as an effect of the coronavirus crisis.
The dollar it was unaffected by the data and remained under pressure, being one of the worst performing coins on the market. Service sector indicators (IHS Markit and ISM) will be released later on Thursday.
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