Will Unemployment Claims Signal a Further Slowdown in the US Economic Recovery?

Source: ForexYard

printprofile

At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the US Unemployment Claims figure, scheduled to be released today at 12:30 GMT. As can be seen in the chart below, after the June 28th Unemployment Claims figure, the S&P 500 proceeded to turn bearish.

S&P

Don’t miss out on another opportunity to capitalize on market volatility!

Investor concerns regarding the US employment sector have intensified following a worse than expected Non-Farm Payrolls figure last week. If today’s Unemployment Claims figure disappoints, indices like the S&P 500 could see downward movement. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don’t miss out!

Read more forex news on our forex blog

Forex Market Analysis provided by ForexYard.

© 2006 by FxYard Ltd

Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.

CategoriesUncategorized