Forex blog posts about unemployment rate are presented here. You can click the selected excerpt's title to continue reading on 'unemployment rate'.

U.S. Positive Data Helps Dollar

Friday, March 5th, 2010

The dollar is going to end this week trading near neutrality versus the euro as several days of alternating risk appetite and aversion moved markets both ways during the past 5 days. Today, better than expected employment data in the U.S. allow the dollar to end this week trading with a slight…

Dollar Continues Strong as Unemployment Falls

Friday, February 5th, 2010

The greenback is about to finish this trading week with considerable gains versus the euro as unemployment declined in the U.S., being that another evidence of a better economic health in North America than in Europe, which is still suffering, and is likely to continue suffering, from deteriorating public accounts in several nations…

EUR/USD Climbs as U.S. Employment Figures Frustrate Analysis

Friday, January 8th, 2010

A U.S. employment report provided support for the EUR/USD currency pair to climb significantly erasing earlier losses as data came much below forecasts, declining attractiveness for the dollar which also posted losses versus several important currencies before the end of this week’s session. EUR/USD is currently trading at 1.4415 and is…

Dollar Shows 5th Day of Gain Despite Employment Drop

Friday, October 3rd, 2008

EUR/USD continued to fall today for the fifth day in a row even as the employment reports from the United States showed a dramatic decline. It looks like the raging recession in U.S. is a real problem for everyone except the dollar. Maybe, because the traders prefer to convert into…

Dollar Strengthens Despite Continued Decline in Employment

Friday, August 1st, 2008

EUR/USD declined today from 1.5596 to 1.5560. Although the early decline was strong, the U.S. employment report disappointed many traders who bought dollars and it corrected almost a half of its earlier gains. But even after the report dollar is still trading higher against euro than…

Early Nonfarm Payrolls Help Dollar Despite Bad Data

Thursday, July 3rd, 2008

EUR/USD fell sharply today paring the weekly gain as the employment statistics in U.S. was released. Not only employment figures disappointed market participants, but also ISM services index declined faster than expected in June. But for some strange reason that supported the U.S.…

Dollar Deeps Further on Uneployment Rapid Growth

Friday, June 6th, 2008

The  U. S. dollar dropped down today against as the unemployment rate soared in the U. S. Yesterday EUR/USD gained from the hawkish statement by Jean-Claude Trichet (he said that he will probably raise the interest rates on ECB’s next meeting), today it grows because of the poor…

EUR/USD at Monthly Low on Nonfarm Payrolls

Friday, May 2nd, 2008

EUR/USD broke down through 1.5400 mark today and reached the minimum level since the 24th of March as the employment fundamentals showed some improvement compared to the March results. Dollar managed to strengthen also against pound and yen even with objectively bad macroeconomic results.

Nonfarm

Dollar Volatile after Employment Situation Worsens

Friday, April 4th, 2008

EUR/USD was growing through the day on Forex today, but after the employment data for March was released there were a sharp but very short-term spike, after which the currency pair started to fall. That’s not a usual and expected behavior for the dollar to grow…

Nonfarm Payrolls Depress Dollar

Friday, March 7th, 2008

Dollar went straight down today on the currency market after the U. S. Bureau of Labor Statistics released its report on the February’s stressed employment situation. EUR/USD reached 1.5454 — a new historical maximum on the release, but then corrected significantly and now (as of 16:00 GMT) is trading at 1.5345.

Nonfarm payrolls in February…



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