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US: Initial Jobless Claims rose to 345K last week

FXstreet.com (Barcelona) - The number of people filing first-time claims for state unemployment insurance in the US increased to 354.000 in the week ending June 15, following 336.000 registered the previous week. The result is higher than market consensus of 340.000.

Continuing Jobless Claims dropped to 2.951.000 in the week ending June 8 from 2.991.000 registered the previous week. Analysts expected less decrease to 3.700.000.

GBP/USD higher post US Initial Jobless

GBP/USD was sat between 1.5450/59 pre data release and is moving to the upside after the numbers came out worse than expectations of 340K. The pair now trades between 20-30 pips higher on the release.
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USD/CHF retreats back below resistance

The USD/CHF foreign exchange rate has continued waning off of earlier highs (0.9362) during US trading, slowly rescinding its gains Thursday.
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