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US weekly initial jobless claims 221K vs 223K expected

  • Prior was 221K
  • Four week moving average vs 227.5K prior
  • Continuing jobless claims 1.873m vs 1.880m expected

We might still be churning through hurricane and election effects but if you zoom out, these are back into the April-May range, which argues against any labor market deterioration.

This article was written by Adam Button at www.forexlive.com.

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