Published: 2025-07-10T13:00:49.000Z
USD flows: USD firmer after claims

Senior FX Strategist
2
USD firmer as claism fall again, but continuing claims still high
Another dip in initial claims in the latest week, providing some support for the USD with the rise in claims seen in the first few weeks of June now looking to have been an anomaly. However, the continuing claims data did rise, albeit less than expected, but is showing a clear uptrend and this will typically show up in unemployment at some point. The USD is generally a little higher, and may be bottoming out against the European currencies, having bottomed out with EUR/USD above 1.18 on July 1st.