A clutch of bad news from the United States renewed anxiety over the world biggest economy, with a surprise increase in inflation, a higher-than-expected rise in people claiming benefits and sharp contraction in factory activity. Read More Factory data, jobless rise renews fears for US economy
Posted in FX News | Tagged data, economy, factory, fears, for, jobless, renews, rise, us
The outlook for the US economy got a boost today after a week of sliding markets, with the news that the number of Americans claiming new jobless benefits dropped to a four-month low last week. Read More US economy shows glimmer of health as new jobless figures fall
Posted in FX News | Tagged as, economy, fall, figures, glimmer, health, jobless, new, of, shows, us
Initial unemployment insurance claims inched down to 400,000 in the week ending July 30, 1,000, which was below the previous week’s upwardly revised 401,000 level (previously 398,000). The level of claims was below market expectations for a 405,000 reading. The four-week moving average of initial claims, which normally provides a Read More US Initial Jobless [...]
Posted in FX News | Tagged below, dip, expectations, in, initial, jobless, latest, market, us, week
The Great Britain pound dropped against the euro today as the government report showed that the unemployment claims increased in June, instead of decreasing as was predicted by analysts. The currency gained versus the dollar.(…)Read the rest of Pound Falls vs. Euro on Jobless Claims (48 words) Posted on Forex News. Read More Pound Falls vs Euro on Jobless Claims
Posted in FX News | Tagged claims, euro, falls, jobless, on, pound, vs
Initial unemployment insurance claims rose 9,000 to 429,000 for the week ending June 18, 2011, reversing most of the previous week’s 10,000 decrease to an upwardly revised 420,000 level (initially reported as 414,000). The level of claims came in above market expectations for a 415,000 reading. The four-week moving average Read More US Initial Jobless [...]
Posted in FX News | Tagged claims, expected, initial, jobless, more, rise, than, us
The South Korean won climbed today as the drop of unemployment claims in the US boosted demand for riskier assets, including Korea’ currency.(…)Read the rest of US Jobless Claims Go Down, Korea’s Won Goes Up (49 words) Posted on Forex News. Read More US Jobless Claims Go Down, Koreas Won Goes Up
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The Great Britain pound tumbled today as the government reports showed that the number of unemployment claims unexpectedly increased and the wage growth slowed.(…)Read the rest of Pound Slides on Rising Jobless Claims & Slowing Wage Growth (52 words) Posted on Forex News. Read More Pound Slides on Rising Jobless Claims dan Slowing Wage Growth
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US employers hired far fewer workers than expected in May and the jobless rate rose to 9.1pc, raising concerns the economy might be stuck in a painful slow-growth mode. Here is what six leading US analysts thought of the figures. Read More US jobless rate rises to 91pc analyst reaction
Posted in FX News | Tagged 91pc, analyst, jobless, rate, reaction, rises, to, us
The Great Britain pound tumbled today, erasing yesterday’s gains versus the US dollar, after the report showed that the unemployment claims jumped and the minutes of the Bank of England monetary policy meeting indicated that most of the policy makers are against increasing the interest rates.(…)Read the rest of Pound Sinks on BoE Minutes & Jobless Claims (74 words) Posted on Forex News. Read More Pound Sinks [...]
Posted in FX News | Tagged boe, claims, jobless, minutes, on, pound, sinks
The USD rallied again as precious and base metals dropped anew and risk everywhere was distinctly in "off" mode. Then, today brought another negative data shocker in the form of a horrible US weekly jobless claims number. How long will USD ride high on the wave of risk misery? Read More Melting Metals and Jobless [...]
Posted in FX News | Tagged and, boost, buck, claims, jobless, melting, metals, the