Weekly employment data for the US: what to expect?

Weekly employment data for the US: what to expect?

What will happen?

The United States will release the weekly Initial Jobless Claims on May 13, at 15:30 MT time. This is the earliest economic data of the country that reports the number of people who claimed unemployment insurance for the first time during the previous week. The number of unemployed people is an important signal of overall economic health. That is why the release may bring short-term volatility to the US dollar. 

How to trade on the Initial Jobless Claims?

Check the economic calendar, which contains the expectations of analysts.

  • If the actual figures are lower than the forecasts, the USD will strengthen;
  • Alternatively, higher-than-expected figures will make the US dollar weaker.

Check the economic calendar

Instruments to trade: EUR/USD, GBP/USD, USD/JPY

usd12.jpg

TRADE NOW

Similar

Trade ideas for June 21-26
Trade ideas for June 21-26

Last week the USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week!

US dollar rallies up after Fed
US dollar rallies up after Fed

The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera