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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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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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Nfp / Unemployment / What To Invest In Now

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May 15th 2009, Euro Gdp Data Will Affect Market

The USD saw a fairly tight range even in the midst of a worse than expected weekly Unemployment Claims number on Thursday. The USD found a rather quick and tumultuous range that refused to explore to far away from the path against the EUR and GBP. The Unemployment Claims number produced a 637K outcome compared to the forecast of 608K. This coupled

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October 15th - Ilo Unemployment Rate, Fed's Beige Book, Fed's Bernanke Speech

Hello,today in our economic calendar we have a lot of events for GBP and USD.06:00 GMT: Consumer Price Index. The Germany consumer price index released by the Statistiches Bundesamt Deutschland measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflatio

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Trading Ideas - Bank Of England Minutes, Ilo Unemployment Rate - 17th September

Only two events today in the calendar which can shake the forex market:08:30 GMT: Bank of England Minutes. The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the

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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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Weak Canadian Employment Adds Volatility to Canadian Dollar

The Canadian dollar is struggling to find any direction Friday morning following the release of a weaker-than-expected Canadian employment report.The February Canadian employment report added volatility to currency markets Friday morning, with USD/CAD rallying 35 pips following the release of the report. Those gains were quickly reversed as the cross fell back below 1.28 CAD. After the initial volatility, the Canadian dollar remains under significant pressure trading in the mid-1.28 CAD area.The Canadian unemployment report was weaker

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Traders Hesitant to Short U.S. Dollar Ahead of Friday's NFP Report

U.S. dollar bears could be a little hesitant to look for further losses in the greenback ahead of Friday's nonfarm payrolls report.The U.S. dollar was under extreme pressure Thursday as U.S. equity indexes showed almost 3% gains across the board. The U.S. dollar index lost a full point on the day, closing at 84.446. The greenback gave back most of the gains it has made since March 27. Investors on Thursday morning were eager to move away from

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