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

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix\AFP
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.
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Thu, 11 Jul 2013 14:38:10 GMT

Dollar drops on gloomy employment data

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.

Thu, 11 Jul 2013 14:08:04 GMT

Swiss Franc gains after Bernanke's speech

The Swiss Franc reached a three-week high after the Federal Reserve Chairman Ben Bernanke said that quantitative easing is still necessary for the U.S. economy as the labour market has not recovered enough. The currency gained 0.8% to 0.9500 versus the U.S. Dollar as of 11:28 a.m. CET. Against the Euro, it climbed 0.27% to 1.2396, with the common currency

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