US unemployment claims drop to 366K, much better than expected. This is good news for the US. Expectations stood on a rise to 389K. This is a three year low, and another encouraging sign that the recovery might have finally reached the job market, after a huge delay. EUR/USD is now rising on risk appetite trading. It’s range is 1.30 to 1.3060 at the moment. This wasn’t the only positive surprise. Another interesting figure is the Empire State Manufacturing Index that rose to 9.5 points, triple the early expectations for a rise to 3.1 points. This is the highest level since May. The US Producer Price Index rose by 0.3%, as expected. Core PPI rose by 0.1%, less than 0.2% that was predicted. The American Current Account deficit dropped to 110 billion, a bit more than 108 estimated. The big bulk of data continues with TIC Long-Term Purchases, industrial production, capacity utilization rate and the fresh December report of the Philly Fed Manufacturing Index. See how trade the Philly Fed figure with EUR/USD. 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Forex News share Read Next Dollar dominance [Video] FxPro - Forex Broker 10 years US unemployment claims drop to 366K, much better than expected. This is good news for the US. Expectations stood on a rise to 389K. This is a three year low, and another encouraging sign that the recovery might have finally reached the job market, after a huge delay. EUR/USD is now rising on risk appetite trading. It's range is 1.30 to 1.3060 at the moment. This wasn't the only positive surprise. Another interesting figure is the Empire State Manufacturing Index that rose to 9.5 points, triple the early expectations for a rise to 3.1 points. This is the highest level… 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.
