The dollar pared declines against the Japanese yen on Thursday in the aftermath of a government report showing new U.S. claims for unemployment benefits fell slightly more than expected last week.
Initial Claims for Unemployment Insurance jumped to 464,000, an increase of 37,000. This pretty much confirms that what we suspected that week was true: last week’s big drop was a fluke due to seaso...
The Dollar was under pressure with weak economic data combining with strong company earnings to leave little demand for the Greenback. June Housing starts were at 0.55m vs. 0.58 forecast whilst Weekly...
Thursday the President pronounced that “because of this [financial reform] bill the American people will never again be asked to foot the bill for Wall Street’s mistakes.” As if to prove him wro...
Initial Claims for Unemployment Insurance fell by 29,000, the second large drop in as many weeks, to 429,000. Relative to a year ago, they are down 20.2% and are 34% below peak levels. On a week-to-we...
Concern about the employment situation have resulted in considerable churning - both in the financial markets and in the minds of investors - about the various labor market data. The recent nonfarm ...
While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to make categorical...
WASHINGTON – “New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns. The Labor Department said...
The major averaged finished the session higher after better than expected weekly jobless claims data raised hope that the unemployment may finally start to come down. However it is worth noting tha...
Initial claims for unemployment insurance fell back towards the bottom of the “trading range” they have been stuck in since the start of the year. Last ...