Initial Jobless Claims data drops today at 08:30 AM ET, and markets are bracing for volatility. Last week, claims came in at *231K*, higher than the expected 212K, but the four‑week moving average held steady at 212K, showing overall labor market stability $XAU
If today’s number comes in *below expectations (around 222K)*, USD could turn bullish, signaling labor market strength. If it’s *higher than expected*, USD may face bearish pressure, and risk assets like equities could see a sell‑off