U.S. unemployed insurance claims drop to a five-year low

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Source: Bloomberg
Claims for unemployment benefits surprisingly decreased to a five-year low in the U.S. The number of Americans filling jobless claims declined by 19,000 to 320,000 in July 27 from 245,000 a week before. Surveyed economists expected 345,000 new claims. The data may indicate that employers are more optimistic about the nation's recovery.
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Thu, 01 Aug 2013 14:21:05 GMT

Euro lower following ECB decision; Draghi awaited

The common currency remained lower versus the greenback as the European Central Bank decided to maintain the key interest rate unchanged, while investors expect the ECB Governor Mario Draghi's press conference. The Euro declined 0.44% to $1.3242 against the Dollar, adding to signs the Euro fell from the strongest level in one and a half months.

Thu, 01 Aug 2013 13:13:07 GMT

Sterling advances as BoE maintains rate at the same level

The British Pound climbed slightly versus the U.S. Dollar after the Bank of England announced not changing monetary stimulus course. Additional factor for the gain was encouraging manufacturing data for July. The British Pound rose 0.17% to $1.5233 against the greenback at 11:02 a.m. GMT. The BoE made a decision of keeping key interest level at 0.5% and asset purchases

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