Unemployment claims inclined to 291,000 compared to a last week, an increase of 1,000 from the previous week's revised level. Analysts were anticipating raise to 295,000. The 4-week moving average was 304,750, an increase of 2,250 from the previous week's revised average.
The advance seasonally adjusted insured unemployment rate was 1.8% for the week ending March 7, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 7 was 2,417,000, a decrease of 11,000 from the previous week's revised level. The 4-week moving average was 2,418,000, a decrease of 1,250 from the previous week's revised average.
After the data USD added few points. Euro is currently being traded around 1.0650 area, Sterling is few points above 1.4840 level, while Aussie is slightly below 0.7650 area. Later today, Philly Fed Manufacturing Index figures are scheduled for a release.