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WASHINGTON (AP) — The number of out-of-work Americans continuing to draw unemployment benefits has surged to a 25-year high, while shoppers turned extra frugal, further proof of the damage from sinking economy, credit problems and financial stresses. The Labor Department reported Thursday that the number of people continuing to draw
The Forex Market is still an active market in spite of the Global Financial Crisis and the Recession. As usual, most of the forex traders would discuss among themselves about the poor fundamental news and the impact of those news on the related currency pairs. Busy with daily trading activities some Forex Traders may not realize there are more and
For the week ending 9th. January, the focus will be on three major Forex News namely the FOMC, BOE Interest rate Decision and the much anticipated Non Farm Payrolls. FOMC @ 19.00 GMT on Tuesday, 6th. January BOE Interest rate Decision @12.00 GMT on Thursday, 8th. January Non Farm Payrolls @13.30 GMT on Friday, 9th.
[caption id="attachment_161" align="aligncenter" width="300" caption="FxPro Forex Trading Broker"][/caption] Forex News this Week For this week the focus will be on the Non Farm Payrolls. However, there are several others Fundamental News that will have a strong impact on GBP and the USD. These are: • BOE Interest Rate Decision This
Forex News on the Euro, Pound, Dollar & Yen this week There are several high impact Fundamental Forex News coming out this week. On Monday, we have the Euro Zone Current Accounts Report. This report which summarizes the flow of goods, services, income and transfer payments in and out of the Euro-zone nations to other countries. This
If you are trading on Forex News, you got to be on the lookout for high impact Forex News related to Interest Rate and Inflation. Forex News in the pipeline are : Minutes of Meeting of BOE and FOMC at 09:00 GMT and 19:00 GMT respectively. Two other datas Forex News on CPI and Housing Starts at 13:30 GMT Trading suggestion for GBPUSD is
Nov. 14 (Bloomberg) -- The yen rose, heading for weekly gains against the euro and the dollar, as a drop in U.S. retail sales prompted speculation investors will sell higher-yielding assets and pay back low-cost loans in Japan's currency. The dollar was poised for a second weekly gain versus an index of the currencies of six major trading