|

US: Initial Jobless Claims rose to 214K vs 212K expected

  • Initial Jobless Claims increase to 214K in the week ending April 18, above forecasts.
  • Continuing Jobless Claims increased to 1.821M from a previous revised 1.809M.

The US Department of Labor (DOL) reported on Thursday that the number of US citizens filing new applications for unemployment insurance rose to 214K for the week ending April 18, an increase of 6,000 from the previous week's revised level. The previous week's level was revised up from 207K to 208K.

Additionally, the advance number for seasonally adjusted insured unemployment during the week ending April 11 was 1.821K, an increase of 12K from the previous week's revised level. The previous week's level was revised down by 9K from 1.818K to 1.809K.

Market reaction

The US Dollar (USD) holds on to intraday gains across the FX board following the data, which failed to trigger a reaction. Market participants maintain the focus on the Iran war developments and Crude Oil Prices.

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD0.11%0.02%0.00%0.04%0.18%0.38%0.08%
EUR-0.11%-0.08%-0.11%-0.07%0.04%0.27%-0.05%
GBP-0.02%0.08%0.00%0.00%0.14%0.36%0.02%
JPY0.00%0.11%0.00%0.02%0.17%0.35%0.06%
CAD-0.04%0.07%-0.00%-0.02%0.15%0.34%0.00%
AUD-0.18%-0.04%-0.14%-0.17%-0.15%0.22%-0.12%
NZD-0.38%-0.27%-0.36%-0.35%-0.34%-0.22%-0.34%
CHF-0.08%0.05%-0.02%-0.06%-0.01%0.12%0.34%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

EUR/USD: Cautiously optimistic near 1.1550 ahead of the ECB

EUR/USD extends its weekly recovery for the third day in a row on Wednesday, navigating in a sidelined fashion around 1.1550 on the back of humble losses in the US Dollar. In the meantime, market participants continue to closely follow developments in the Middle East while slowly gearing up for the ECB gathering on Thursday.

GBP/USD is hawkish for all the wrong reasons

Pound Sterling was handed a gift on Wednesday and dropped it within the hour. A soft core reading inside the US Consumer Price Index report knocked the Dollar back just long enough for GBP/USD to reclaim the 200-day Exponential Moving Average around 1.3400, tagging session highs just beyond it before the entire move was methodically sold through the US afternoon to a close at the day's lows near 1.3350. 

Gold falls to multi‑month low near $4,050 as hot US inflation boosts Fed hawkish bets

Gold price tumbles to around $4,050, the lowest since November 2025, during the early Asian session on Thursday. The precious metal extends the decline as a hot US inflation report and ongoing tensions in the Middle East fueled expectations for higher-for-longer US Federal Reserve interest rates.


CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

The Commodity Futures Trading Commission on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.

From sizzle to fizzle: Tech sinks as Oil puts the Fed tail back on the table
Wall Street was not hit by one punch. It was caught between three swinging doors at the same time: a renewed technology unwind, a fresh geopolitical oil bid, and a wave of equity supply that is starting to look less like capital formation and more like a liquidity test for the entire AI complex.
The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing

More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.