Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

US: Initial Jobless Claims rose to 213K last week

  •  Initial Jobless Claims rose below consensus to 213K.
  • Continuing Jobless Claims climbed to 1.85M in the week ending February 1.

US citizens filing new applications for unemployment insurance rose to 213K for the week ending February 8, as reported by the US Department of Labor (DoL) on Thursday. This print missed initial estimates and was lower than the previous week's revised tally of 220K (from 219K).

The report also highlighted a seasonally adjusted insured unemployment rate of 1.2%, while the four-week moving average dropped to 216.00K, marking a decrease of 1K from the prior week’s revised average.

Moreover, Continuing Jobless Claims went down by 36K to reach 1.850M for the week ending February 1.

Market reaction

The Greenback maintains its bearish attitude around 107.80 when tracked by the US Dollar Index (DXY), managing to bounce off earlier weekly lows near 107.50.

US annual PPI inflation rises to 3.5% in January vs. 3.2% expected

The Producer Price Index (PPI) for final demand in the US rose 3.5% on a yearly basis in January, the data published by the US Bureau of Labor Statistics showed on Thursday.
Read more Previous

USD/JPY tumbles from weekly high of 154.80 as Japanese Yen outperforms on safe-haven bid

The USD/JPY pair falls sharply to near 153.40 in Thursday’s North American session from its weekly high of 154.80, which it posed on Wednesday.
Read more Next