The final value of US GDP in the third quarter dragged down the US dollar The US dollar fell to a new low in nearly five months

The final value of US GDP in the third quarter dragged down the US dollar

The US dollar fell to a new low in nearly five months

On Thursday (December 21), a series of economic data released indicated a decrease in inflation, a stable labor market, and an optimistic macro background for the United States. The US stock market took advantage of the trend and opened higher, with the stock index rebounding after a decline on Wednesday. Gold jumped and broke through $1,950 at one point on Friday (December 22). The US dollar index fell, falling below 102 and hitting a new low in nearly five months.

On Thursday's economic data, the US Department of Labor reported that as of the week ending December 16th, the number of initial claims for unemployment benefits in the United States increased by 2,000, bringing the total to 205,000, an estimated 215,000, compared to the previous value of 202,000. The number of people applying for unemployment benefits for the week ending December 9th remained largely unchanged from the previous week's data.

Analysts pointed out that the growth of initial jobless claims in the United States last week was lower than expected, remaining near historical lows, indicating that the labor market remains resilient as companies seek to retain employees.