U.S. Dollar in Forex Trading

232171 Resource 119232 120646 120646 1242312870118 1242312870118 Controlled U.S. Jobless Claims Rise

Unemployment continues to plague economic recovery hopes

Last week, the <a href="item/231797" target="_blank" title="U.S. jobs data, unemployment, economic data, U.S. dollar, dollar forex trading, forex trading, green shoots, retail sales">U.S. jobs data showed improvement</a>, with weekly unemployment claims dropping. This week, however, the old story of rising jobless claims has returned. Just days after U.S. economic leaders proclaimed that "green shoots" of economic recovery are showing, the economic data has been continuing to deteriorate. Retail sales numbers for April came in, off forecast, showing a decline. And today it appears that <a href="http://money.cnn.com/2009/05/14/news/economy/jobless_claims/index.htm?section=money_topstories" target="_blank" title="U.S. jobs data, unemployment, economic data, U.S. dollar, dollar forex trading, forex trading, green shoots, retail sales">unemployment claims are surging again</a>. This news puts a damper on some of the recent optimism for an economic recovery that begins in the near future. On the news, the U.S. dollar has begun rising again in forex trading. Risk aversion is making another appearance, and the greenback is gaining as forex traders seek a safe haven. 9 application/xml false dollar forex trading economic data forex traders forex trading green shoots retail sales U.S. dollar U.S. jobs data unemployment U.S. Dollar in Forex Trading Economic data and forex trading http://www.fx360.com/?aid=5704 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.10) Gecko/2009042315 Firefox/3.0.10 GTB5 127.0.0.1 127.0.0.1 mmarquit 63.248.1.10 false true false false true 119232 blog blogsite/GFTForex/web