Forex News US Initial and Continuing Claims due out at 8:30 AM

Written December 31, 2008 at 8:11 AM EST by  

 The The weekly claims data for the US will be released at 8:30 AM.  The Initial Claims is expected to come in at 575K after last weeks spike to 586K.  Last weeks gain was a 26 year high.  Meanwhile the Continuing Claims are expected to rise to 4400k from 4370k.  The recent high for the release has been 4431K.  This series is also at levels not seen since 1982. 

Next week the US NFP will be released.  The early call is for another oversized decline of 475K.   

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