Jobless Claims Disappoint This Time

US unemployment claims had a setback, jumping to 436K – within the previous 430K-500K range. The market expected 425K. It’s also a big jump in comparison to last week’s outstanding 407K figure. The moving average for four weeks is still improving. We should still get a good result in the Non-Farm Payrolls tomorrow. Now the stage is fully set for ECB president Jean-Claude Trichet.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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