Fx Primus Rebates

U.S. Weekly Jobless Claims Unexpectedly Increase

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly increased in the week ended February 9th. The report said initial jobless claims rose to 239,000, an increase of 4,000 from the previous week’s revised level of 235,000. Economists had expected jobless claims to drop to 225,000 from…

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Euro Little Changed Following Eurozone Industrial Production

After the release of Eurozone industrial production for December at 5:00 am ET Wednesday, the euro changed little against its major counterparts. The euro was trading at 125.23 against the yen, 1.1384 against the franc, 0.8781 against the pound and 1.1315 against the greenback around 5:03 am ET. The material has been provided by InstaForex…

Fx Primus Rebates

Eurozone Industrial Production Declines More Than Expected In December

Eurozone industrial production decreased for a second straight month and at a faster-than-expected pace in December, but the fall was less severe than the previous month’s decline. Industrial production fell 0.9 percent from November, when it decreased 1.7 percent, figures from Eurostat showed on Wednesday. Economists had expected a 0.4 percent decline. Production of both…

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UK Consumer Price Inflation At 2-year Low

UK consumer prices rose at the slowest pace in two years in January, weaker than economists’ forecast. The consumer price index rose 1.8 percent year-on-year following a 2.1 percent increase in December, figures from the Office for National Statistics showed Wednesday. Economists had expected 2 percent inflation. Headline inflation was the slowest since January 2017,…