The unemployment benefit data was just released. Let's look at the data results first.
The number of initial unemployment claims in the United States for the week ending August 17 was 232,000, which was expected to be 230,000. The previous value was revised from 227,000 to 228,000.
The data is bearish for the US dollar and is conducive to interest rate cuts, but the data release has begun to push the market down. The volatility will not be small tonight. I will go up when I reach the position I mentioned. Don't operate blindly.
