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Foreign Exchange Market Update

Foreign Exchange Market Update

Please call the FX Department at 626-279-3235 for the most current rate.

February 19, 2026

Bar graph shows overnight changes in major currencies around the world.

 

United States (U.S.) Jobless Claims Decrease

First-time claims for U.S. unemployment benefits fell in the week ending on February 14, according to a report released by the Labor Department on Thursday. The report stated that initial jobless claims decreased to 206,000, a 23,000 drop from the previous week's level of 229,000. The Labor Department said the less volatile four-week moving average also edged down to 219,000, a decrease of 1,000 from the previous week's average of 220,000.

Meanwhile, the report stated that continuing claims, a measure of the number of people receiving ongoing unemployment assistance, increased by 17,000 to 1.869 million in the week ending on February 7. The four-week moving average of continuing claims also inched up to 1,845,250, an increase of 1,000 from the previous week's average of 1,844,250. 02/19/2026 - 09:33:00 (RTTNews)


This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.

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