In the week through Sept. 28, there were 225,000 initial jobless claims, compared economists expectations of 220,000 initial claims.

The number of Americans filing new applications for unemployment benefits rose marginally last week, but Hurricane Helene's rampage in the U.S. Southeast and strikes at Boeing and ports could distort the labor market picture in the near term.

EUR/USD stays under bearish pressure and trades at a fresh multi-week low below 1.1050 on Thursday. Sustained USD strength despite the worse-than-expected Jobless Claims data weighs on the pair, while rising bets for an ECB rate cut in October undermine the Euro.

Initial Jobless Claims for the week ended Sept. 28 rose 6K to 225K vs. 221K consensus and 219K in the previous week (revised from 218K), the U.S. Department of Labor said Thursday. The four-week moving average was 224,

The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained fairly healthy. The upbeat outlook on the economy was underscored by other data on Thursday showing corporate profits increased at a more robust pace than initially thought in the second quarter.

Applications for US unemployment benefits rose slightly to a level that is consistent with limited number of layoffs.

The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, pointing to a still low level of layoffs that could ease fears over the labor market's health. Initial claims for state unemployment benefits dropped 4,