The US Labor Department is due to release its customary weekly jobless claims report for the week ended December 26th at 8:30 AM ET. Economists expect claims to have increased to 455,000 in the recent reporting week.
The US dollar showed mixed performance against its major rivals ahead of the data. While the greenback edged higher against the yen, it held steady versus the euro, pound and the Swiss franc.
Currently, the dollar is trading at 1.4403 against the euro, 1.0303 versus the franc, 92.51 against the yen and 1.6226 per pound.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.