America’s jobless claims rose by 17,000 to 240,000 on the week ending November 19th. This was highest number of claims the US has seen since August and well above expectations of 225,000.
Key contributing factors of the recent rise include the wave of layoffs in technology companies.
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.