Unemployment rate in U.K. held steady at 8.4%.

Wednesday, 14 March 2012 02:59

U.K’s unemployment at the highest level since 1995…

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U.S Jobless Claims down by 16K

Thursday, 16 June 2011 04:29

The Euro is seen tumbling towards the downwards direction, the currency against the U.S Dollar managed to plunge to 1.40 levels; Reasoning for this can be put upon complications in Greece as the debt in Europe is receiving all the spotlight. The pair pushed a litte higher after the U.S Unemployment Claims, Building Permits and Housing Starts; trading at 1.4131.

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Jobless Claims at 427K

Thursday, 9 June 2011 03:41

In the U.S.A, the number of people who filed for unemployment for the first time in the past week has increased from last week’s 422,000 to 427,000 individuals this week. Jobless claims were released a little higher than the expectations of 424,000.

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U.S Dollar weakens after GDP release

Thursday, 26 May 2011 04:17

The number of individuals who filed for unemployment insurance for the first time during the past week added up to 424,000 people; 21,000 individuals more than expected. Also, this week’s subtotal was 10,000 people more than last week’s total of unemployment claims filed. Forecasted number of individuals expected to file for unemployment was approximately 403,000; while previous results came out at 414,000.
Another news release for the US was the GDP second release, which also disappointed at 1.8% while it was expected to show a 2.2% release. Gross Domestic Product remained the same as the previous GDP release, both at 1.8%.

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