U.S Initial Claims drop to 3-month low

Thursday, 28 July 2011 04:10

Unites States Jobless Claims dropped more than economists forecasted turning green at 398,000; the number of people who filed for unemployment for the first time during the past week dropped by 15,000 compared to the expected 413,000 and 24,000 compared to previous released of 422,000.

Inital claims decreased since April, to a three-month low. 

The Euro is seen to have a falling attitude in today's trading session, marking a new session low at 1,4253.