US jobless claims hit 386K. Expectations stood on 377K, exactly like the initial report for the previous week. Last week’s figure was revised to the upside: 380K. The situation remains worse than earlier in the year. The US Consumer Price Index dropped by 0.3%. Core CPI rose by 0.2%. The US current account deficit hit 137 billion dollars. USD/JPY is falling by around 20 pips following the release. US figures seem to impact mostly this pair these days. CPI was expected to drop by 0.2% in May. Core CPI was predicted to rise by 0.2%. Oil prices fell during the month of May. The American current account was predicted to show a deficit of $132 billion in Q1 2012. The figure for Q4 2011 was revised from a deficit of $124 billion to $119 billion. EUR/USD was trading in a narrow range between the 1.2540 and 1.2587 lines. The markets are very tense towards the upcoming Greek elections. See 3 scenarios for the Greek elections. 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 Chinese Official / Unofficial Figures Diverge – Hard Landing Yohay Elam 11 years US jobless claims hit 386K. Expectations stood on 377K, exactly like the initial report for the previous week. Last week's figure was revised to the upside: 380K. The situation remains worse than earlier in the year. The US Consumer Price Index dropped by 0.3%. Core CPI rose by 0.2%. The US current account deficit hit 137 billion dollars. USD/JPY is falling by around 20 pips following the release. US figures seem to impact mostly this pair these days. CPI was expected to drop by 0.2% in May. Core CPI was predicted to rise by 0.2%. Oil prices fell during the… 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.