US jobless claims 271K, core PCE +1.2% y/y – as

Good to better than expected figures from the US: jobless claims are at 271K, core PCE at 0.1% m/m and 1.2% y/y, personal spending at +0.9% better than expected and personal income at +0.5%.

The dollar is higher on the releases, ticking some 10-20 pips across the board.

US weekly jobless claims were expected to move up to 271K from 267K last week (before revisions). These were joined by other figures, with the Core PCE Price Index standing out. Expectations stood on +0.1% m/m. The previous y/y figure was 1.2%. This is watched by the Fed.

EUR/USD was all over the place following confusing Greek headlines. GBP/USD around 1.5730 and USD/JPY around 123.60,  USD/CAD around 1.2380, AUD/USD at 0.7735 and NZD/USD at 0.6910.

More data:

  • Personal income was expected to rise 0.5% after 0.4% beforehand. The actual number is +0.5%, with an upwards revision to +0.5%.
  • Personal spending was expected to rise by 0.7% after remaining unchanged beforehand. The actual number is +0.9%, with an upgrade to the previous month to +0.1%.

More: 5 Most Predictable Currency Pairs – Q3 2015

Get the 5 most predictable currency pairs

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.