US Jobless Claims stand at 357K. Early expectations stood on a small slide from the initially reported 359K to 355K. Last week’s figure was revised to the upside: from 359K to 363K. This isn’t a big change. The amount of initial unemployment claims has been very steady recently – between 350K and 360K generally speaking. According to some analysts, a figure under 400K implies an ongoing drop in the unemployment rate. The result of a consistently improving job market is that some discouraged people return to seek a job. This may raise the unemployment rate, even if the actual workforce rises. Earlier job related indicators were OK earlier in the week: ADP showed a gain of 209K jobs in the private sector, within expectations and a solid number in general. US Manufacturing and also Non-Manufacturing PMIs both included a rising employment component. This implies a nice gain in Friday’s Non-Farm Payrolls. Yohay Elam 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 View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Canada Enjoys Superb Employment and Housing Data Yohay Elam 10 years US Jobless Claims stand at 357K. Early expectations stood on a small slide from the initially reported 359K to 355K. Last week's figure was revised to the upside: from 359K to 363K. This isn't a big change. The amount of initial unemployment claims has been very steady recently - between 350K and 360K generally speaking. According to some analysts, a figure under 400K implies an ongoing drop in the unemployment rate. The result of a consistently improving job market is that some discouraged people return to seek a job. This may raise the unemployment rate, even if the actual workforce… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
