US jobless claims dropped to 358K, within expectations. They were expected to drop to 357K from the big leap to 373K seen last week (revised down from 374K). This is still a high level in comparison to the previous range. The leap came after several weeks of excellent low numbers – numbers that were partly to blame for technical issues in California. Continued claims stand at 2.86 million, still below 3 million. EUR/USD was trading at a new 8 month high at around 1.3660. GBP/USD traded above 1.61 and USD/JPY fell below 98 on the clear USD weakness. Currencies aren’t reacting strongly to the expected results. This is the first indicator released after the US government reopened for business. The debacle left the US and the USD bruised and battered. Next week we’ll get the delayed data, including the Non-Farm Payrolls for September. However, QE tapering seems far far away. More: USD entering a world of pain 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 Risk sentiment boosted by Boehner’s “unconditional surrender” Scott Smith 9 years US jobless claims dropped to 358K, within expectations. They were expected to drop to 357K from the big leap to 373K seen last week (revised down from 374K). This is still a high level in comparison to the previous range. The leap came after several weeks of excellent low numbers - numbers that were partly to blame for technical issues in California. Continued claims stand at 2.86 million, still below 3 million. EUR/USD was trading at a new 8 month high at around 1.3660. GBP/USD traded above 1.61 and USD/JPY fell below 98 on the clear USD weakness. Currencies aren't… 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.
