Posts Tagged ‘initial jobless claims’

US Jobless Claims Down Moderately, Personal Spending Misses Mark

by Christopher Lemieuxon June 26, 2014 1:52 pm BST
The US initial jobless claims declined moderately by 2,000 to 312,000 in the week ending on June 21, according to Labor Department figures. The print was less than forecasted with analyst consensus expecting a decline to 310,000 weekly jobless claims. The previous week’s figure was revised upwards to 314,000 from 312,000 jobless claims. Continuing jobless claims […]

USDJPY Range Bound Ahead Economic Data, US Retail Sales and BoJ Monetary Statement

by Christopher Lemieuxon June 10, 2014 4:30 am BST
The dollar-yen remains in range bound trade heading into key economic data at the end of the week. The US retail sales and unemployment claims will set the stage for directional dollar trade, while the Bank of Japan (BoJ) monetary statement will help define the central bank’s outlook on further easing going forward. According to […]

Dollar Trades within a Pennant; Lower on US Data

by Christopher Lemieuxon March 27, 2014 2:15 pm BST
The dollar index has traded higher throughout the day, retracting from .18 percent. Data out of the US showed positive signs in both initial jobless claims and gains in the gross domestic product. Initial jobless claims decreased last week by 10K to 311K in the week ending on March 22, according to the Labor Department. […]

Emerging Market FX Weekly Pick: USDZAR

by Christopher Lemieuxon February 27, 2014 3:27 am BST
The South African rand fell after the growth outlook has been slashed, and the Finance Minister Pravin Gordhan said that public debt is most likely going to increase over the next few years. Growth expansion is expected to hit 2.7 percent according to the Treasury, down from original forecasts of three percent. “The lower growth […]