U.S. jobless claims drop to near 45-year low (news: 22/02/18)

Today's press

  • WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February, which should continue to underpin the economy.

  • LONDON (Reuters) – The dollar inched up to a 10-day high on Thursday after minutes from the U.S. Federal Reserve’s January meeting showed policymakers confident in rising inflation, while the euro was left unmoved by its own central bank’s policy minutes.

  • Investing.com – Canadian retail sales fell more than expected in December, increasing pessimism over the state of the economy.

  • Bitcoin's failure to find acceptance above the $11,000 mark this week has neutralized the immediate bullish outlook. However, the rally from Feb. 6 lows could resume if prices break above $11,250, the technical charts indicate.

  • The UK’s GDP growth in the final quarter of 2017 has been unexpectedly revised down, raising doubts in some quarters that the Bank will hike interest rates again as soon as May.

  • The naira closed at 362 per United States dollar at the parallel market on Wednesday, two days after the Central Bank of Nigeria injected $210m into the foreign exchange market.

Next trading day's important events

  • 13:00 (GMT+3) Eurozone – Consumer Price Index (YoY) (Jan)
  • 16:30 (GMT+3) CA – Consumer Price Index (YoY) (Jan)

Forex quotes:

  • USDJPY: 106.84
  • EURUSD: 1.2323


  • S&P 500: 2701.33
  • NASDAQ: 7218.23

Source: Alpari

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