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ForexSQ

Master Trader
Jan 11, 2011
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Dollar swings up, stocks dip after solid U.S. jobs data - www.ForexSQ.com

The dollar forex currency gained and Wall Street stock futures extended losses as U.S. jobs data came near enough to expectations to bolster bets the Federal Reserve will raise rates for the first time in nearly a decade this year.

The data showed 215,000 jobs were added in July, slightly below a ForexSQ poll of 223,000 jobs, but the unemployment rate held at a seven-year low of 5.3 percent and there were signs that wages were beginning to pick up.

Read More: http://forexsq.com/currencies/dollar-swings-up-stocks-dip-after-solid-u-s-jobs-data/

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ForexSQ

Master Trader
Jan 11, 2011
218
0
52
www.forexSQ.com

ForexSQ

Master Trader
Jan 11, 2011
218
0
52
www.forexSQ.com
UK Inflation Posts Gain, Pound raised - www.forexSQ.com
Read more: http://forexsq.com/currencies/pound-climbs-most-in-week-as-uk-inflation-unexpectedly-accelerates/

The pound rose the most in a week against the dollar after U.K. inflation unexpectedly accelerated and a core measure of price growth jumped to a five-month high.

Sterling strengthened against all 31 of its major peers as the Office for National Statistics said annual inflation quickened to 0.1 percent in July. The rate was forecast to remain at zero for a second month in a Bloomberg survey of economists. Annual core inflation reached 1.2 percent, up from 0.8 percent in June. U.K. government bonds declined.

Read stocks and online forex trading news from US and UK on www.forexsq.com
 

ForexSQ

Master Trader
Jan 11, 2011
218
0
52
www.forexSQ.com