Last Wednesday (December 24th) evening, the employment data released by the US brought quite a few surprises to the pre-holiday market.



As of the week ending December 20th, the number of initial unemployment claims in the US dropped to 214,000 — this figure not only fell below the previous week's 224,000 but also defied market expectations. Originally, everyone anticipated 224,000, but the slightly warmer-than-expected data directly appeared.

Why is this important? Initial unemployment claims are a thermometer for the US labor market. The lower the number, the less employment pressure there is, and the more confidence the market has in employment resilience.

After the data was released, the market's reaction was straightforward — the US dollar gained positive momentum. The logic is clear: a stable employment market → increased confidence in economic fundamentals → support for the US dollar. For traders, this causal chain is all too familiar.

With the Christmas holiday approaching, this slightly better-than-expected data indeed eased concerns about high interest rates impacting employment. The market neither fell into the previous cooling panic nor experienced extreme emotional swings caused by large data fluctuations. For many investors, this steady yet slightly rising micro data can be considered a rare calming factor at the end of the year.
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FrontRunFightervip
· 3h ago
ngl, this jobless claims beat looks too clean... who's really frontrunning this data before retail sees it? 🤔 classic USD pump narrative but where's the institutional accumulation evidence?
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WhaleMinionvip
· 3h ago
Wow, the employment data is so impressive that the dollar is soaring directly. Being able to operate like this at the end of the year is truly amazing.
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CountdownToBrokevip
· 3h ago
Damn, the US dollar is about to take off again. Unemployment data surprisingly exceeded expectations. I thought it was going to be the end. When employment data improves, the dollar is directly boosted. This logic has been used for so long and still works so well. It's the end of the year, and they can still pull this stunt. Finally, I don't have to watch the stock market plunge every day. Expectations were proven wrong, and my short position was also proven wrong. Damn. Initial jobless claims dropped to 214,000. This time, the Federal Reserve probably has a reason to hold, with interest rates still so high. The data is so warm; does this mean the dollar will be even stronger next year? My spot holdings are in trouble.
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ChainSauceMastervip
· 3h ago
Employment data exceeds expectations, and the dollar is about to take off again. The surprise before this session can indeed stabilize the situation.
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RealYieldWizardvip
· 3h ago
The bears are crying again. With such strong employment data, why cut interest rates? This wave of USD appreciation feels really comfortable. It's rare that non-farm payrolls didn't cause a sell-off. What does the figure of 214,000 indicate? It shows that the US economy isn't that fragile. Stop shorting. Even at the end of the year, exceeding expectations—do they have to be so aggressive? This is true resilience, not just a numbers game on paper.
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