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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
5 Dec 2024

US: Initial Jobless Claims increased to 224K last week

  • Initial Jobless Claims climbed more than estimated to 224K.
  • Continuing Jobless Claims rose to 1.871M in the week ending November 22.

US citizens filing new applications for unemployment insurance rose to 224K for the week ending November 29, as reported by the US Department of Labor (DoL) on Thursday. This print came in above initial estimates (215K) and was higher than the previous week's tally of 215K (revised from 213K).

The report also highlighted a seasonally adjusted insured unemployment rate of 1.2%, while the four-week moving average was 218.25K, marking an increase of 0.750K from the prior week’s revised average.

Moreover, Continuing Jobless Claims went down by 23K to reach 1.871M for the week ending November 22.

Market reaction

The Greenback remains on the defensive, reversing Wednesday’s small advance, and prompting the US Dollar Index (DXY) to retreat to the sub-106.00 zone, or three-day lows.

Dec 5, 2024

AUD/USD Price Forecast: More downside looks likely below 0.6400

The AUD/USD pair ticks higher to near 0.6440 but remains trades inside Wednesday’s trading range in North American trading hours on Thursday.
Read more Previous
Dec 5, 2024

USD/JPY edges lower amid surge in US Initial Jobless Claims

The USD/JPY pair ticks lower to near 150.50 in Thursday’s North American session after the release of the United States (US) Initial Jobless Claims data for the week ending November 29, which came in higher-than-expected.
Read more Next