U.S. initial claims unexpectedly fell last week, and the U.S. dollar index DXY widened its short-term decline to 23 points at 106.55

Odaily News The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting that nonfarm payrolls growth could rebound in November after a sudden slowdown last month due to hurricanes and strikes, and the November nonfarm payrolls report could determine whether the Federal Reserve cuts interest rates again in December. The U.S. Labor Department said on Thursday that seasonally adjusted first-time claims for state unemployment benefits fell by 6,000 to 213,000 in the week ended November 16. The data covers the Veterans Day holiday, which could bring some volatility. Although the number of people applying for unemployment benefits surged in early October due to disruptions caused by hurricanes Helen and Milton and factory worker strikes at Boeing and another aerospace company, layoffs remained low, easing the impact of slowing hiring on the labor market. The U.S. dollar index DXY widened its short-term losses to 23 points and is now at 106.55. (Jinshi)