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29 pips potential profit in 7 seconds on 7 December 2023, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US Jobless Claims data

According to our analysis USDJPY and EURUSD moved 29 pips on US Jobless Claims data on 7 December 2023.

USDJPY (19 pips)

EURUSD (10 pips)

Charts are exported from JForex (Dukascopy).


The latest release on Unemployment Insurance Weekly Claims in the United States for the week ending December 2, 2023, indicates a slight increase in seasonally adjusted initial claims by 1,000, reaching 220,000. The 4-week moving average rose to 220,750. The insured unemployment rate decreased to 1.2%. Unadjusted data saw an increase in actual initial claims to 293,511, up 46.9% from the previous week. The unadjusted insured unemployment rate rose to 1.2%, and continued weeks claimed for benefits in all programs decreased to 1,579,159.

Noteworthy state-specific data reveals the highest insured unemployment rates in New Jersey, Alaska, California, Hawaii, Puerto Rico, Massachusetts, New York, Oregon, Rhode Island, Pennsylvania, and Washington. Wisconsin experienced the largest increase in initial claims, while California saw the most significant decrease.

Federal civilian employees and newly discharged veterans claimed fewer benefits, with a decrease in both initial and continued weeks claimed. Overall, the report provides a comprehensive overview of unemployment trends at both national and state levels, including insights into specific demographic groups.

Source: https://www.dol.gov/ui/data.pdf


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