US weekly initial jobless claims 202K vs 216K expected

<ul><li>Prior was 218K (revised to 220K)</li><li>Four-week moving average 207.75K vs 212.5K prior</li><li>Continuing claims 1.855m vs 1.883m expected</li></ul><p>There are distortions around holidays and year-end that make jobless an unreliable indicator so be careful in drawing conclusions.</p>

This article was written by Adam Button at www.forexlive.com.