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Fed's Fisher Optimistic Policies Will Pave the Way for Recovery

Although economic data in the United States are grim, the Federal Reserve's current monetary policies should help bring about a return to growth, Dallas Fed President Richard Fisher said on Wednesday.Speaking at an event in Tokyo, the central banker said the unemployment rate in the United States may reach 10% by the end of 2009 and that businesses are on the defensive as conditions continue to deteriorate. Nevertheless, Fisher said he remains confident that the innovative policies

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Forex: GBPUSD drops to 1.4520 after UK unemployment and PSNB data

FXstreet.com (Barcelona) ? UK Unemployment has risen to the highest level in 12 years in march, and Public sector net borrowing reached an all time high on the same month; the Sterling dipped further after data was released.Jobless claims rose by 73,700 in the UK in March, with the ILO unemployment rate reaching 6.7%, although, expected, this is the 13th consecutive increase in unemployment figures and the total amount of claims, 1.46 million Is the highest in the last 12

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Germany ILO Unemployment Rate up to 7.6% in Mar from 7.4%

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Dollar down across the board

FXstreet.com (Buenos Aires) - Dollar fell across the board Thursday, following previous sessions weak outlook, after existing home sales in the U.S. dropped a 3% and unemployment claims rose to 640K with the total number of people drawing unemployment benefits surging to the highest level on record. Euro was helped by stronger than expected PMI, reaching an intraday high of 1.3162. By the end of the American session the pair remains close to that zone, while Gbp also rose, reaching

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Germany Apr Unemployment Rate raises to 8.3%

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Trading Ideas - Unemployment Rate, Gross Domestic Product, Gfk Consumer Confidence - August 28th

Hello,today we have some events in our economic calendar which can affect the price of EUR, USD and JPY.07:55 GMT: Unemployment rate in Germany. The Unemployment Rate released by the Bundesagentur für Arbeit shows , in a percent basis, the amount of unemployed people in Germany. A decrease in this indicator has positive implications for consumer sp

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U.s. Unemployment At All Time Highs.

In the news : January 30, 2009: Today the U.S. markets were driven lower due to the bad numbers released this morning; continuing unemployment claims and the slumping sales of new homes. It was forecast for unemployment claims to change to 580k, but actual came in at 588k. New homes sales data indicated the bottom in the real estate market is no

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Euro Trades Lower In Thin Holiday Trade As Market Awaits Us Treasury Debt Auctions

Euro trades lower in thin holiday trade as market awaits US Treasury debt auctionsWhat’s new?Germany: IFO Business Climate index May 84.2, exp 85.0, previous 83.7United States: Traders awaiting US Treasury auctions.United States: Fed’s Fisher says no signs of a problem with inflation at the moment.United States: GM bankruptcy decision near.Asia: No

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November 7th - Nonfarm Payrolls, Unemployment Rate, Average Weekly Hours, Average Hourly Earnings

Many events today in the forex calendar07:00 GMT: Trade Balance. The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR.

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Germany Apr ILO Unemployment Rate increases to 7.7%

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