A small beat in weekly unemployment claims: 247K against 255K projected. Last week’s figure was revised from 235K to 237K. Import prices rose only 0.4%. The US dollar is making an attempt to recover, less on the actual figure but just on the opportunity to pare the losses. US jobless claims were expected to rise to 255K from the low of 235K that was recorded last week. Import prices carried expectations for a rise of 0.8% after a slide of 0.3% beforehand. The US dollar has been on the back foot following Donald Trump’s press conference. The President-Elect did not make any mention of his grand promises to boost fiscal spending, something that has triggered the big dollar rally. However, he did spark worries with fresh threats for US companies regarding moving factories outside America. The trade war talk worries markets. The US dollar dropped on the Donald and continued lower ever since. EUR/USD is already up over 200 pips from the lows, trading at 1.0660 before the release. GBP/USD was just under 1.23 from trading at the 1.20 handle. USD/JPY is around 114. More: USD: Keep Buying Dips Selectively Ahead Of Trump’s Inauguration – Credit Agricole 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 EUR/USD: Trading the UoM Consumer Sentiment Kenny Fisher 6 years A small beat in weekly unemployment claims: 247K against 255K projected. Last week's figure was revised from 235K to 237K. Import prices rose only 0.4%. The US dollar is making an attempt to recover, less on the actual figure but just on the opportunity to pare the losses. US jobless claims were expected to rise to 255K from the low of 235K that was recorded last week. Import prices carried expectations for a rise of 0.8% after a slide of 0.3% beforehand. The US dollar has been on the back foot following Donald Trump's press conference. The President-Elect did not… Regulated 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.
