US initial jobless claims fell by -4k to 226k in the week ending June 13, coming in below expectations of 232k and suggesting layoffs remain relatively subdued. However, the underlying trend was somewhat less encouraging. The four-week moving average of initial claims, which smooths out weekly volatility, rose by 4k to 223.25k. Meanwhile, continuing claims […]The post US Initial Jobless Claims Beat Expectations, Continuing Claims Edge Higher appeared first on ActionForex.