US initial jobless claims 224K vs 228K expected

Forex Short News
  • Prior 226K
  • Continuing claims 1953K vs 1964K expected
  • Prior 1974K

These are good figures. Couple that with the super hot PPI we got at the same time and you have traders trimming the aggressive rate cut bets.

This article was written by Giuseppe Dellamotta at investinglive.com.