Breaking News

US Unemployment Claims Expected To Increase Today

News Date: 25/9/2014 03:42:53
Update Date: 25/9/2014 03:53:16
 

The number of who filed for unemployment for the first time last week is expected to increase from 280k to 294k. If the release came as an increase than the dollar might rest a bit before closing. Dollar kept on gaining strength on all majors especially on far-east currencies where AUDUSD is now at 0.87, NZDUSD at 0.79 and USDJPY working hard to break 109.30 support and 110 still in range. Also Gold manage to dive under 1215 strong support and now under 1210 reaching the deep of 1206 at the time of writing this report.

On the other hand if the market surprise everyone with a good number for US unemployment claims than the dollar might gain a new wave on charts pushing majors more down and might push gold toward 1180 historic level.

Provided By Fxhighway 

Latest news

Wall Street closed lower on Tuesday, in light of investors’ concern about the Federal Reserve raising interest rates and amid increasing talk of an expected recession. Stocks pulled their indic
12-2022 07 02:24:50

The US stock markets ended Monday’s trading on a decline, pulling the stock indices downwards, and recording losses in each of the following sectors : the oil and natural gas sectors, the finan
12-2022 06 02:51:29

The dollar fell broadly on Monday after a difficult week, after more Chinese cities, including financial hub Shanghai and Urumqi in the far west, announced easing restrictions related to Covid-19, wh
12-2022 05 03:14:06

After the speeches delivered by Federal Reserve Chairman Jerome Powell, announcing that the interest rate will rise by 50 points instead of 70 points, gold prices rose by more than 2% to reach levels
12-2022 02 03:06:59

US Federal Reserve Chairman Jerome Powell announced the decision to slow the rate of interest rate hikes, starting in December, and stated that inflation is still very high, and that interest rates w
12-2022 01 02:57:28

More News

Logs

Advertisements