Greenback jumps on jobless claims, growth limited

Source: Investing.com
U.S. jobless claims data overshoot the expectations thus upholding the U.S. Dollar over all of its major counterparts. However the growth is limited due to the global geopolitical risks, which cap the Greenback's advance. EUR/USD depreciated 0.13% yesterday evening, trading at 1.3364 against the Euro. The U.S. Department of Labor stated yesterday the number of jobless claims decreased by 14,000 last week.

 

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Fri, 08 Aug 2014 08:17:08 GMT

Bank of Japan retains monetary policy, hints at lower exports

The Bank of Japan kept its promise to increase the base money with asset purchases of about 60-70 trillion yen per year. Further, the central bank added that it plans to continue an even more aggressive QE next year. In addition the BoJ warned about weak exports as the Japanese economy seems to be experiencing a slowdown mostly due to

Fri, 08 Aug 2014 07:43:08 GMT

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