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The forex stories that move the major pairs and gold: central bank decisions, inflation, jobs and growth data, summarised as they happen.

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US jobless claims mixed: fewer new applications, but rise in continuing claims

New unemployment benefit applications in the US registered 197,000, below the 200,000 forecast, indicating a robust job market. Conversely, continuing claims increased to 1.716 million, surpassing expectations and suggesting some individuals are staying on benefits for longer. This data presents a mixed outlook for the US labour market, potentially influencing EURUSD, USDJPY, and XAUUSD.

Source: investingLive