US Unemployment
Forex News: Unemployment Rate 5.5% NFP -62,000
Posted by Greg Michalowski on Thu, 07/03/2008 - 8:31am in
Unemployment Rate:5.5%
NFP:-62000
NFP Revision: to -62000 from -49000
The Initial Claims were much higher at 404,000.
Continuing Claims 3,116,000
Forex News: Dollar rallies as some explanations for the jump in unemployment rate surface
Posted by Greg Michalowski on Fri, 06/06/2008 - 9:20am in
There is a report that the unemployment rate might have been influenced by a quirk in the calculation revolving around teenagers. Excluding the issue, the unemployment rate reportedly would have been lower. The story seems to be getting some traction.
The EURUSD broke below the first support level of 1.5652 but held above the the 1.5637 support level. These levels still are important intraday in determining the trend going forward.
Forex News Preview: US Unemployment due at 8:30 AM EDT
Posted by Greg Michalowski on Fri, 06/06/2008 - 7:53am in
PDF attached version at the bottom...
Economic Calendar
