Tag Archives: Jobless Claims

Dubai TV hosted Mohammed Hashad, Director of Research and Development at Noor Capital, member of the American Society of Technical Analysts, to comment on the performance of the most important assets in the financial markets this week.Asked about US stocks, which moved differently during the past week, but ended the …

On Thursday, the USD/JPY pair dropped over 0.30% in the direction of 147.20 on rising anticipation that the Bank of Japan (BoJ) will act to halt the JPY’s collapse. Although the USD is stabilizing, the Federal Reserve’s hawkish wagers have limited the dollar’s potential loss. The pair is roughly trading …

On Friday, the dollar rose versus the euro and the Japanese yen after the August jobs report revealed a still-strong labour market, despite some signs of slippage. Employers added 187,000 jobs in August, exceeding predictions of 170,000. However, data for July was revised downward to reflect 157,000 employment gains rather …

The number of Americans filing new unemployment claims declined last week, indicating that labour market conditions remained tight despite the Federal Reserve’s aggressive rate hikes. The Labour Department said on Thursday that initial claims for state unemployment benefits fell by 10,000 to a seasonally adjusted 230,000 for the week ending …

Eurozone Eurozone inflation has slowed further, and underlying price pressures appear to have peaked, according to Eurostat statistics released on Friday, lessening pressure on the European Central Bank to continue raising rates following its quickest rate-hike cycle on record. To confront a historic increase in inflation, the ECB has raised …

The USD/CHF pair retreated below 0.8800 and hit a daily low of 0.8760. FOMC minutes from the July meeting left the door open for another hike, and surging US bond yields limit the downside for the US dollar.The USD DXY Index rose to its highest level since January at 103.60, …

After losing for a second week in a row, the NZD/USD pair is trading unchanged at 0.5933. Following hawkish FOMC minutes, US Treasury yields are slightly rising. According to RBNZ Governor Orr, a slight recession is necessary.The NZD/USD traded with little losses near 0.5930 on Thursday. On the one hand, …

After a quiet trading week’s beginning on Monday, storms came one after another though Tuesday was ted to be quiet in terms of economic data; the first storm impacted commodities, because in response to data that suggested a potential global economic slowdown, risk appetite deteriorated on Tuesday, and the EUR/USD …

In Q2, productivity growth rebounded sharply, outpacing predictions and increasing at a rate of 3.7%. The increase in output per hour worked over the past year has increased by 1.3%, the first positive yearly improvement since late 2021. Productivity is on the rise, and nominal pay growth is moderating, both …

The EUR/USD pair continues its loss for the third day in a row, and fell to the 1.09370 level. The labour market in the US and in the EUR showed positive results this week and all eyes are now focusing on Friday’s NFP data in the United States.The EUR/USD is …