Initial unemployment insurance claims rose 15,000 to 381,000 in the week ending December 24 from a 366,000 reading (initially reported as 364,000) the previous week. The level of claims was above market expectations for an increase to 375,000. Despite the larger-than-expected increase, the four-week moving average of initial claims declined Read More US Initial Jobless [...]
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FXstreet.com (C?rdoba) ? Currencies are trading steady in ranges on a quiet, low volume session as… For more information, read our latest forex news. Read More Forex Markets steady at the beginning of the last week of 2011
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Today, December 22nd, the U.S. jobless claims weekly report was published; the report presented a decrease in initial claims of 4,000 for the week ending on December 17th 5 Vote(s) Read More US Initial Claims Declined Last Week December 22
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Risk currencies corrected on Friday, as optimism over this week’s European leader’s summit has begun to lose momentum. EURUSD gained marginally after Friday’s sharp drop, climbing to 1.3451 from 1.3376. Asian regional indices were unconvincing in either direction as the Shanghai dropped -1.16% while Hang Seng climbed 0.73%. Commodities remain Read More Another Last Chance [...]
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Regardless of the type of watch you own, you need to take good care of it, always. Regular maintenance will retain the accuracy and appearance of your watch. When you spend your hard earned money on a watch you want it to last for many years to come. But if you are not performing … [...]
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What a difference a week makes. Over the last 7 days there has been a major change to the tone of the price action in stock markets. Previously, investors aggressively sold off risky assets and fled to the safety of the US dollar and Treasuries, now they are doing the Read More How Long Can [...]
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Tomorrow is Trichet’s last press conference as head of the ECB. While an interest rate cut is likely not in the cards and might be seen as a reason for a further squeeze on Euro bears, other factors may weigh more heavily. Euro Squeeze Over with ahead of Trichet’s Last Stand? Read More Euro Squeeze [...]
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Europe, the G20, and the global authorities have one last chance to contain the EMU debt crisis with a nuclear solution or abdicate responsibility and watch as the world slides into depression, endangering the benign but fragile order that has taken shape over the last three decades. Read More Geithner Plan for Europe is last [...]
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The EUR was also moderately higher against GBP but only due to new BoE dovishness, and against CHF, but only due to SNB intervention. The EUR was down hard against the other safer havens, the USD and JPY. JPY was the strongest currency this week, … 38 Vote(s) Read More Lessons From Last Week From [...]
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FXstreet.com (Barcelona) – The Euro has been trading higher during the last four days, extending… For more information, read our latest forex news. Read More Forex EUR GBP pares last weeks losses and reaches 08790
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