Posts Tagged ‘jobless-claims’

US Jobless Claims Down Moderately, Personal Spending Misses Mark

by Christopher Lemieuxon June 26, 2014 1:52 pm GMT
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 […]

Mixed Data and Fed Taper Prop Dollar Higher

by Christopher Lemieuxon April 21, 2014 1:47 am GMT
The dollar has been able to regain most of the sell-off after a less hawkish Fed chairwomen Janet Yellen promised low interest rates for a significant period of time. This is not generally positive for the dollar, but it continues to fuel the asset bubbles that help prop up the greenback. Last week’s data was […]

USDCHF Technicals: 1/30

by Christopher Lemieuxon January 30, 2014 5:33 pm GMT
The dollar has surged above 81 as solid data, combined with another $10 billion taper from the Federal Reserve, as increased sentiment for the greenback. The USDCHF has become a high correlation proxy for the US dollar index, so this can give forex traders an insight to where the dollar may go. The 4H chart […]

Equities and Dollar Up on Poor Mixed Data

by Christopher Lemieuxon January 30, 2014 5:01 pm GMT
The US equities markets and the dollar are roaring back has jobless claims rise and the advance gross domestic product slows from the forth quarter’s 4.1 percent. Jobless claims in the week ending on January 25 increased by 19K, totalling 348K and the highest since mid-December.The Labor Department noted that claims are sometimes higher due […]