According to Bureau of Labor Statistics, total payroll jobs added were down at 18,000 with 57,000 in private sector. Moreover, increase in unemployment by 0.1% with total employed remains lowest at around 58%, lowest since beginning of recession along with weekly working hours slid to around 34 hours along with hourly earnings. However, alternate labor [...]
Archive | Daily Overview
US Employment and the Swiss Franc Battle
Posted on 12 July 2011.
The U.S. employments improved that led to the weakening of the Swiss franc, and henceforth, led to a decrease in the demand for the currency which was thought to be out of harm’s way. The US employers increased the number of their workers by about 157,000 in June, on a seasonally accustomed root. This was a lot higher than the estimated [...]
Posted in Daily Overview0 Comments
Daily Forex Insight for 07/05/2011
Posted on 07 July 2011.
The latest happening on the Interbank Foreign Excahnge is the disappointing retail sales of the Austrailian dollar. Although, no change is expected in the situation, however, the RBA decision is yet to be taken and will monitored closely so as to get signs whether the RBA is concerned about the inflation issue or not. [...]
Posted in Daily Overview, Featured0 Comments
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Daily Forex Insight for 07/05/2011
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USD Experienced Higher Closure at the Taipei Forex
- US Dollar Tumbles After Bernanke Testimony
- EUR/GBP Limited Rebound from 1 Month Low
- USD/CAD Hits 3 Day Low
- Forex Summary for Week Ending July 8th
- US Employment and the Swiss Franc Battle
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