Hiring in Canada climbs most in four years

Note: This section contains information in English only.
Source: Bloomberg
The number of new jobs rose to a four-year record high in March. The overall employment advanced by 82,300 after a drop of 2800 a month earlier. The unemployment rate fell from 7.4% to 7.2%. Economists questioned by Bloomberg predicted a 10,500 improvement in hiring and unchanged jobless rate at 7.4%.
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Fri, 06 Apr 2012 09:56:54 GMT

Emerging Patterns: NZD/USD 1H Chart: Descending triangle

NZD/USD was decreasing during the last week, forming a Descending triangle pattern. The formation has 76% quality along with 71% magnitude within 117 bars.The price recoiled from the pattern's support level at 0.8123, and slowed testing the resistance at 0.8169. Bullish investors may focus their attention on the key level around 0.8178/97. If the price breaks this level, the forecast

Fri, 06 Apr 2012 08:42:41 GMT

US unemployment claims decline less than expected

The US applications for jobless benefits dropped less than predicted for the week ended in March 31, Labor Department reported on Thursday. According to data 357 000 people submitted new claims last week. Economists earlier predicted the number of applications to reach 355 000. The US unemployment level was 8.3% in February.

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