US employment »

  • XM Markets UUIIFXBR

    Currency markets were quiet ahead of the biggest data point of the month – the US nonfarm payrolls report (NFP). Most of the majors consolidated against the greenback, especially sterling. The euro was the exception as it was driven lower []

  • H.S. Borji

    The US private sector continued to add jobs at a solid pace in December, while November payrolls were revised up, in the latest sign the labour market was continuing to support the recovery efforts. The US private sector added 241,000 jobs in December, following an upwardly revised gain of 227,000 in November that was initially

  • H.S. Borji

    The US labour market continued to improve in October, as the private sector added the most jobs since June, raising hopes that a better jobs environment will translate into higher wages. Private employers added 230,000 jobs in October, exceeding forecasts by 10,000, payrolls processor ADP reported today. The pace of job creation was the highest

  • David Becker

    EUR/USD touched 1.3399 highs after the weak Chicago ISM data, though has since been pushed back to 1.3385. The 1.3400 level appears to have become good resistance. While activity is likely to slow ahead of Friday’s U.S. employment report, the currency pair has likely bottomed despite the weaker than expected EU inflation data. U.S. Chicago

  • H.S. Borji
    Forex » US Dollar Resumes Upward Trend
    H.S. Borji - July 4, 2014, 17:47 GMT

    The US dollar advanced slightly against a basket of currencies Friday, as US Independence Day kept trade volumes light ahead of an active release schedule next week. The US dollar index – a gauge of the greenback’s performance versus six commonly traded peers – advanced 0.08 percent to 80.28. The dollar received a boost this

  • Business » US jobless claims hit 9-week high
    May 1, 2014, 13:06 GMT

    US jobless claims unexpectedly rose to a nine-week high, as seasonal volatility emanating from the Easter weekend may have impacted data collection. US jobless claims increased by 14,000 to 344,000 last week, the Labor Department reported today in Washington. The median estimate of economists called for new jobless applications fall to 319,000 in the week

  • New applications for jobless benefits fell to their lowest level in nearly seven years, adding further to the view the US labour market was progressing at a steady rate following the weather-related slowdown. US jobless claims declined by 26,000 to 300,000 last week, the lowest level since May 2007, the Labor Department reported today in

  • The US economy added 148,000 jobs last month, as employers scaled back hiring in anticipation of the partial government shutdown that began October 1. Sluggish job creation likely means the United States Federal Reserve won’t reduce the pace of its monthly asset purchases at its October 29-30 policy meetings. Payroll figures fell well below expectations.