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U.S. Weekly Jobless Claims Climb Much More Than Expected

2025-02-27 1317

(fxcue news) - The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits climbed much more than expected in the week ended February 22nd. The report said initial jobless claims rose to 242,000, an increase of 22,000 from the previous week's revised level of 220,000. Economists had expected initial jobless claims to inch up to 221,000 from the 219,000 originally reported for the previous month. The Labor Department said the less volatile four-week moving average also crept up to 224,000, an increase of 8,500 from the previous week's revised average of 215,500.

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U.S. Weekly Jobless Claims Climb Much More Than Expected

U.S. Jobless Claims Climb More Than Expected To Two-Month High

Asian Markets Trade Mostly Lower

European Shares Likely To Drift Lower As Transatlantic Tensions Rise

Eurozone Lending To Private Sector Strengthens

U.S. Durable Goods Orders Rebound In January As Aircraft Demand Skyrockets

U.S. Durable Goods Orders Rebound More Than Expected In January

U.S. Weekly Jobless Claims Climb Much More Than Expected

European Economic News Preview: Eurozone Economic Confidence Data Due

Please sign in

Trader

Gold rebounds and short sells in the range of 2875-2880, with a stop loss of 2888 and a target of 2860;

Gold rebounds, short selling at 2876-80, stop loss at 2888, target at 2830-35 line, break through and continue holding;

Short selling of US crude oil at 71, with a stop loss of 71.5. The targets below are 69.8, 69, and 68.5, with a backhand bullish exit.

EUR/USD 1.04400 short, stop loss 1.04600, targets 1.03900, 1.03600, and 1.03300

Short sell silver at 31.45, stop loss at 31.7, target at 31 and 30.8 below, and if it falls below, compete for support at 30.6.

Short sell gold at 2885, stop loss at 2891, target at 2873 and 2862 below, break below at around 2855 and 2850, if below, buy long at 2842 and 2835.

Gold 2863-65 short, stop loss 2874, target 2856-42.

Sell near spot gold 2888, protect 2898, target 2868; Break through holding;

Tags

U.S. Weekly Jobless Claims Climb Much More Than Expected

U.S. Jobless Claims Climb More Than Expected To Two-Month High

Asian Markets Trade Mostly Lower

European Shares Likely To Drift Lower As Transatlantic Tensions Rise

Eurozone Lending To Private Sector Strengthens

U.S. Durable Goods Orders Rebound In January As Aircraft Demand Skyrockets

U.S. Durable Goods Orders Rebound More Than Expected In January

U.S. Weekly Jobless Claims Climb Much More Than Expected

European Economic News Preview: Eurozone Economic Confidence Data Due

Please sign in

Trader

Gold rebounds and short sells in the range of 2875-2880, with a stop loss of 2888 and a target of 2860;

Gold rebounds, short selling at 2876-80, stop loss at 2888, target at 2830-35 line, break through and continue holding;

Short selling of US crude oil at 71, with a stop loss of 71.5. The targets below are 69.8, 69, and 68.5, with a backhand bullish exit.

EUR/USD 1.04400 short, stop loss 1.04600, targets 1.03900, 1.03600, and 1.03300

Short sell silver at 31.45, stop loss at 31.7, target at 31 and 30.8 below, and if it falls below, compete for support at 30.6.

Short sell gold at 2885, stop loss at 2891, target at 2873 and 2862 below, break below at around 2855 and 2850, if below, buy long at 2842 and 2835.

Gold 2863-65 short, stop loss 2874, target 2856-42.

Sell near spot gold 2888, protect 2898, target 2868; Break through holding;

Tags

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