U.S. Initial Claims Slipped Last Week – December 15

Today, December 15th, the U.S. jobless claims weekly report was published; the report presented a decrease in initial claims of 19,000 for the week ending on December 10th; the total initial claims reached 366,000 claims (seasonally adjusted data); the four week average decreased by 6,500 to 387,750; the insured unemployment rate remained unchanged at 2.9% for the week ending on December 3rd;  the number of insured unemployment slightly rose to 3.603 million, an increase of 4,000 compared with the previous week’s figure; on the other hand the four week average declined by 5,000 to 3.671 million. This news might affect the currency forex trading during the day.

Currently the U.S. dollar is traded with mixed trend against major currencies.

Euros to USD is traded down at 1.3007 a 0.1879 % increase as of 17:57*.

Canadian dollar to USD exchange rate is traded at 1.0345 a 0.5014% decrease as of 17:58*.

Current gold price, short term futures (January 2012 delivery) is traded at $1,574.4 per t oz. a $12.5 increase or 0.79%, as of 17:47*.

(* GMT)

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