News for the Future - Initial Jobless Claims
Initial jobless claims measure the number of people who applied for unemployment benefits for the first time in the last week. It is the earliest U.S. economic data, but its market impact varies from week to week.
Overall, the index has averaged in the same place lately. Between 210K and 220K, which is generally odd. What's odd is that the neutral IJC dynamics didn't change in any way before the heavily revised NFP that was last Friday (175K -actual, 238K -expected)
Initial jobless claims are expected by traders at 212K vs 208K in the prior period.
A higher than expected reading should be negative/bearish for the dollar, while a lower than expected reading should be positive/bullish for the dollar.