Thursday, June 14, 2012

US Job Data 6000 More Claims

WASHINGTON (Fortune Signal) - The number of Americans who filed requests for jobless benefits rose by 6,000 last week to 386,000, the U.S. Labor Department said Thursday. Claims from two weeks ago were revised up to 380,000 from 377,000. Economists surveyed by MarketWatch had projected claims would fall to a seasonally adjusted 376,000 in the week ended June 9. The average of new claims over the past four weeks, meanwhile, increased by 3,500 to 382,000, the highest level in six weeks. Continuing claims decreased by 33,000 to a seasonally adjusted 3.28 million in the week ended June 2, the Labor Department said. Continuing claims are reported with a one-week lag. About 5.82 million people received some kind of state or federal benefit in the week ended May 26, down 145,990 from the prior week. Total claims are reported with a two-week lag

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...