wrapper

Unemployment Claims increased to 265,000

Thursday, May 07 2015
In the week ending May 2, the advance figure for seasonally adjusted initial claims was 265,000, an increase of 3,000 from the previous week's unrevised level of 262,000. Analysts were forecasting increase to 279,000. The 4-week moving average was 279,500, a decrease of 4,250 from the previous week's unrevised average of 283,750. This is the lowest level for this average since May 6, 2000 when it was 279,250.  
 
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending April 25, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 25 was 2,228,000, a decrease of 28,000 from the previous week's revised level. This is the lowest level for insured unemployment since November 11, 2000 when it was 2,161,000. The 4-week moving average was 2,271,500, a decrease of 20,000 from the previous week's revised average. This is the lowest level for this average since December 9, 2000 when it was 2,266,500. 
 
After the data USD gained against its major rivals. Euro is currently being traded few points above 1.1270 level, Sterling is around 1.52 handle, while Aussie is at 0.7950 area.
More in this category: « Traders cautious with Sterling amid election day Aussie lower in the morning part of the session »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.