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Unemployment Claims Spike to Nearly 4-Year Highs, USD Dumps
The US CPI report came in mostly as expected, so traders quickly focused on the abysmal jobless claims report, which showed the highest number of newly-unemployed Americans in nearly 4 years. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, the US Dollar Index (DXY).
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Sep 11, 2025 9:19am
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August, after rising 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment. The index for shelter rose 0.4 percent in August and was ...
In the week ending September 6, the advance figure for seasonally adjusted initial claims was 263,000, an increase of 27,000 from the previous week's revised level. This is the highest level for initial claims since October 23, 2021 when it was 268,000. The previous week's level was revised down by 1,000 from 237,000 to 236,000. The 4-week moving average was 240,500, an increase of 9,750 from the previous week's revised average. The previous week's average was revised down by 250 from 231,000 to 230,750. The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending August 30, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 30 w Initial Claims finally crack: surge to 263K from 237K, Exp. 235K
Weekly Initial Unemployment Claims Increase to 263,000; Highest Since 2021 The DOL reported: In the week ending September 6, the advance figure for seasonally adjusted initial claims was 263,000, an increase of 27,000 from the previous week's revised level. This is the highest level for initial claims since October 23, 2021 when it was 268,000. The previous week's level was revised down by 1,000 from 237,000 to 236,000. The 4-week moving average was 240,500, an increase of 9,750 from the previous week's revised average. The previous week's average was revised down by 250 from 231,000 to 230,750. The following graph shows the 4-week moving average of weekly claims since 1971. The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 240,500.
From dailyforex.com | Sep 11, 2025
The BTC/USD pair rose to above 113,200 as investors embraced a risk-on sentiment after the relatively weak US wholesale inflation data. Bitcoin was trading at $113,200 on Thursday morning, higher than this month's low of $107,365. Risk-On Sentiment Prevails The BTC/USD pair rose as market participants embraced a risk-on outlook after the US released ...