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Hello Everyone,
I hold the view that US Dollar will appreciate after USA Initial Jobless Claims.
Here, is the explanation -
US Initial Jobless Claims are likely to decline further to 205 K for the week ended 3rd March 2018 compared to 210 K reported in the previous week.
Initial jobless claims in United States have reached the lowest levels since year 1969 aided by strong growth momentum being seen in US economy.
Favorable financial conditions along with strong demand in domestic as well as export markets is helping raise the business investments leading to more job creation.
However, Initial Jobless Claims in US are likely to plateau at current levels in 2018 as US economy is near full employment.
END
I hold the view that US Dollar will appreciate after USA Initial Jobless Claims.
Here, is the explanation -
US Initial Jobless Claims are likely to decline further to 205 K for the week ended 3rd March 2018 compared to 210 K reported in the previous week.
Initial jobless claims in United States have reached the lowest levels since year 1969 aided by strong growth momentum being seen in US economy.
Favorable financial conditions along with strong demand in domestic as well as export markets is helping raise the business investments leading to more job creation.
However, Initial Jobless Claims in US are likely to plateau at current levels in 2018 as US economy is near full employment.
END
