U.S. initial unemployment claims continue growing…

Thursday, 19 April 2012 04:06

As U.S. Labor Department reported today number of Americans who applied for unemployment benefit increased for the next successive week.
For the week ended April 14th jobless claims increased by 386 000, exceeding expectations for 370 000 reading.
Prior week data was revised to 388 000, from 380 000 previously reported.
Today’s result is the worst in last four months.
Euro remained lower against USD, with couple traded at 1.3078 after data release.