US: Weekly Initial Jobless Claims rise to 965K vs. 795K expected

There were 965,000 initial claims for unemployment benefits in the US during the week ending January 9, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 784,000 (revised from 787,000) and came in worse than the market expectation of 795,000.

Market reaction

The US Dollar Index preserves its bullish momentum after this data and was last seen gaining 0.22% on the day at 90.55.

Developing story...