Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

Day: August 12, 2021

Labor Department pumps $240 million into unemployment system to fight ‘terrifying’ fraud

Erin Scott/Bloomberg via Getty Images It’s unclear exactly how much money has been lost to theft. The Labor Department’s Office of Inspector General estimates about $87 billion in benefits may ultimately be paid improperly, a significant portion due to fraud, while pandemic-era programs are intact. Those programs are slated to end Sept. 6. Much of …

Labor Department pumps $240 million into unemployment system to fight ‘terrifying’ fraudRead More

UK GDP In-line, GBP/USD Bulls Watching for a Break above 1.3900

The GDP report highlights the stop-and-start nature of the economic recovery in the UK, where the start of Q2 saw strong growth before slowing in June… After yesterday’s highly-anticipated US Consumer Price Index (CPI) report, traders refocused their attention across the Atlantic to the Q2 UK Gross Domestic Product (GDP) report. While GDP data is …

UK GDP In-line, GBP/USD Bulls Watching for a Break above 1.3900Read More

U.S. jobless claims total 375,000, falling for a third straight week

Initial jobless claims declined for the third consecutive week as the U.S. labor market continued its recovery from last year’s recession. New claims for jobless benefits totaled 375,000 last week, the Labor Department said Thursday, matching estimates from economists surveyed by Dow Jones. The reading for the previous week was revised upward by 2,000 to …

U.S. jobless claims total 375,000, falling for a third straight weekRead More

Dollar Regains Some Ground after PPI and Jobless Claims, Staying in Range

Dollar is trying to regain some ground in early US session after stronger than expected PPI. Both initial and continuing jobless claims also continued to trend lower. The greenback is followed by Euro and Yen while Aussie and Kiwi are softest. Though, major pairs and crosses are staying inside yesterday’s range for now. As for …

Dollar Regains Some Ground after PPI and Jobless Claims, Staying in RangeRead More

The Inflation Slowdown In The US Has Eased Investors’ Fears About The Fed’s Reduction Of The QE Program

According to the US Labor Department, the consumer price index (CPI) decreased from 0.9% to 0.5%. The core CPI, which does not include food and fuel prices, fell from 0.9% to 0.3%. On a year-on-year basis, the inflation remained at 5.4%, in line with forecasts. Core annual inflation decreased to 4.3% from 4.5%. The US …

The Inflation Slowdown In The US Has Eased Investors’ Fears About The Fed’s Reduction Of The QE ProgramRead More