Dollar drops on gloomy employment data

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/Agence France Presse
The U.S. Dollar depreciated after a report showing that the number of claims for unemployment insurance has increased more than expected in the last week. The greenback declined 0.7% to 1.3063 at 8:31 a.m. EDT, reflecting problems in the labour market. Against the Pound, the currency lost 0.78% to 1.5124, whereas versus the Yen it lost 0.47% to 99.20.
Back to articles

Actual Topics

Thu, 11 Jul 2013 14:49:12 GMT

Emerging-market stocks rise after Bernanke's comments

Developing countries' stocks gained after Bernanke said that the Fed will continue its stimulus program. The MSCI Emerging Markets Index jumped 2.6% to 939.04 so far today, however, the gauge is still 10% below its level on May 22 when the Fed indicated it might start tapering its stimulus. However, markets still remain significantly driven by liquidity.

Thu, 11 Jul 2013 14:19:10 GMT

U.S. unemployment claims rise to 2-month high

The number of people seeking unemployment benefits in the previous week increased to the two-month high, however the rise could reflect provisional changes in summer jobs patters in large industries like autos and education. Jobless claims jumped by 16,000 to the seasonally adjusted 360,000, last week ending on July 6.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.