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World-Signals

World-Signals, Forex, Stock, Metal and Energy Trading

The Market Is Already Generating The Negative US Unemployment Report

Posted on 05/04/2007 14:18:23 | Link | Post Comment

The dollar have not lucky day after the report from 8:30 AM this morning. The US unemployment rate up with 0.1% to 4.5% as the forecast. The other key event is non-farm payrolls down to 88 000 new jobs for April. This level is less than expecting. After the serial of good fundamental release by this week at the end of the week the US unemployment sector offer bad news. But the market generates most of the expectations and still is possible to hold at the current levels and to be the first week for dollar gains from the last six weeks.

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