What is it? It Checks the number of individuals who filed for unemployment insurance for the first time during the past week.
Although it's generally isn’t viewed as a very important indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's financial policy.
Usual Effect: If the actual number is smaller than the forecast, you can expect the USD to rise.
When? Today (2.10) at 08:30am Eastern Time.
Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before.
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