Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


07.06.2013 18:20

American focus: the dollar rose after the jobs data

The dollar rose against the euro, which helped to published U.S. data. According to a report released by the Department of Labor on Friday, May employment in the U.S. rose slightly more than economists expected. The report said that in May, the number of jobs outside the agricultural sector in the U.S. in May rose by 175 thousand after downwardly revised increase of 149 thousand jobs in April. Economists had expected employment to increase by about 163 thousand jobs compared to the addition of 165 thousand jobs, which originally reported for the previous month.

Despite the continued growth in the number of jobs, the unemployment rate rose to 7.6% in May from 7.5% in April, reflecting an increase in the labor force.

Also, a report showed the number of jobs in the private sector in the U.S. in May increased by 179 thousand, while the number of jobs in the U.S. manufacturing in May declined by 8 thousand, and in the service sector increased by 176 thousand number of jobs in the budget U.S. in May decreased by 3 thousand, and the federal decreased by 14 thousand total duration of the working week in the U.S. in May was unchanged at 34.5 hours Average hourly earnings in the U.S. in May rose 0.01 dollars to 23.89 dollars

The yen fell sharply against the dollar after data on U.S. employment by stimulating growth of USD / JPY to new intraday highs around 97.80. Data on the number of jobs that were higher than expected, caused a rapid increase in the U.S. dollar, with traders immediately responded by linking data with the results of the recent Fed projections on the reduction of purchase of shares. Experts still predict that the yen is likely to decline again due to weak economic data. The policy of aggressive monetary stimulus the Bank of Japan to influence the yen weakened capital outflows from Japan in the coming years, especially against the background of the global economic recovery.

The Canadian dollar rose against the U.S. dollar, which has been associated with the publication of the Canadian data. As it became known, labor productivity in Canada in the 1st quarter grew by 0.2% q / q, this is the best figure since the fourth quarter of 2011. The growth occurred after 0.1% growth in the previous three months. In this case, the unit cost of labor for the first time in six quarters fell by 0.1% q / q Canada's unemployment rate in May was 7.1% against 7.2% in April. The number of jobs in Canada in May increased by 95 thousand compared with April. Economists had expected an increase of 17.3 million The number of jobs to full-time employment in Canada in May grew by 76.7 thousand, underemployment 18.2 million Average hourly earnings in Canada in May rose by 2.3% y / y g The labor force in Canada in May increased by 80.9 thousand people, compared with April. The share of economically active population in Canada in May was 66.7% versus 66.5% in April.

07.06.2013 17:20

European stock close:

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page