unemployment rate

unemployment rate

UFX Daily Forex Currency Trading News 02-July-2015

2h ago
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https://go.ufx.com/ReDir.aspx?TLID=45354&UTM_Source=Youtube&UTM_Content=SiteReg&mktData=UFX_Channel US indices ended higher despite a drop in energy stocks. The Dow Jones rose by 0.79%, the NASDAQ by 0.53%, and the S&P 500 added 0.69% to its value. Facebook shares rose by 1.33%, closing at $86.91. The US Dollar traded higher against most major currencies on upbeat US jobs data and as investors remain cautious over the Greece debt fiasco. Today, the Non-Farm Employment Change is expected at 231K vs 280K and the Unemployment Rate at 5.4% vs. 5.5% previously. Gold finished lower, closing at $1,168 an ounce. Crude Oil dropped, closing at $56.82 a barrel. The euro fell sharply against the dollar, as a resolution to the Greek debt crisis grows increasingly remote. On the daily chart, the EUR/USD is trading in an ascending channel. Trading in the channel may lead the pair to around 1.1500, while breaching the lower side could take it towards 1.0600. The Pound slipped lower versus the dollar on a disappointing UK Manufacturing PMI report. On the daily chart, the GBPUSD is holding in an ascending triangle. Breaking the lower side of the pattern could lead the GBP/USD to around 1.5200, while breaching the upper side may take it towards 1.6000.