{"id":8908,"date":"2010-04-29T08:26:47","date_gmt":"2010-04-29T12:26:47","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=8908"},"modified":"2010-04-29T08:26:47","modified_gmt":"2010-04-29T12:26:47","slug":"u-s-unemployment-claims-on-tap","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/29\/u-s-unemployment-claims-on-tap\/","title":{"rendered":"U.S Unemployment Claims on Tap"},"content":{"rendered":"<p><strong>By Anton, ForexYard<\/strong> &#8211; Following yesterday\u2019s steep drop in value for the Euro, the single  currency may have an opportunity to recoup some of its losses in trading  today.  The following are the today\u2019s main news events.<\/p>\n<p><strong>11:30 GMT: EUR ECB President  Trichet Speaks<\/strong><\/p>\n<p>Normally, market volatility occurs whenever the European Central Bank  President speaks.  Investors typically try to determine what his  speeches mean with regards to the all-important interest rate levels in  the EU.<\/p>\n<p>Today\u2019s speech may take on added importance.  Following yesterday\u2019s  downgrade of Spain\u2019s long term debt rating, combined with the continuing  negative news coming out of Greece, investors will want to pay careful  attention to Trichet\u2019s speech, as it is likely to heavily influence Euro  pairs.<\/p>\n<p><strong>12:30 GMT: USD Unemployment Claims<\/strong><\/p>\n<p>Investors typically pay close attention the number of new applicants  filing for unemployment insurance in the U.S., as it is seen as key  indication of the current state of the American economy.<\/p>\n<p>Last week, the unemployment number was slightly higher then  forecasted, but the figure did not bring the Dollar down to much.  This  week, analysts are forecasting a slightly better figure then last week,  which if true, could help USD make further gains on the Euro.  Traders  should be aware that this figure is notoriously hard to predict, and a  worse then expected number could cause the Dollar to slide against its  major currency rivals.<\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex                          Yard.<\/strong><\/a><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following yesterday\u2019s steep drop in value for the Euro, the single currency may have an opportunity to recoup some of its losses in trading today. The following are the today\u2019s main news events&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8908","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=8908"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8908\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=8908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=8908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=8908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}