In the week ending October 3, the advance figure for seasonally adjusted initial claims was 263,000, a decrease of 13,000 from the previous week's revised level. Analysts were forecasting decline to 274,000. The previous week's level was revised down by 1,000 from 277,000 to 276,000. The 4-week moving average was 267,500, a decrease of 3,000 from the previous week's revised average. The previous week's average was revised down by 250 from 270,750 to 270,500.
The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending September 26, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 26 was 2,204,000, an increase of 9,000 from the previous week's revised level. The 4-week moving average was 2,221,500, a decrease of 14,750 from the previous week's revised average.
Euro is currently being few points above 1.1240 level, Sterling is around 1.5270 area, while Aussie is at 0.7170 level. Later today,
FOMC Meeting Minutes are scheduled for a release.