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The information and content held within this website has been created by Forex Masters and are for educational purposes only. Forex or stock trading has no guarantees. There are many factors including general economic conditions that can have an impact on your investment and past results are not indicative of the future. Spread betting and CFD's can put your money in jeopardy, as the financial or stock markets can move quickly and go up and down against your investment. Invest with capital which is reasonable to you as the investment may fail meaning you lose it plus have to pay additional money. Spread betting is not for everyone, so make sure you fully know the risks and get guidance from a professional trader if required.

 

Risk warning: Trading Foreign Exchange (Forex) and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all of your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience.

 

© 2015 by FOREX MASTERS

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Unemployment Claims Result

October 16, 2014

 

Technical Analysis Daily Majors & Minors

• USD/CAD - Fell more than 150 pips and retraced completely previous day’s gains in the wake of disappointing US data. How will it react with todays unemployment claims result.

 


Quick Daily update

• UK unemployment fell by 154,000 in the three months to the end of August to 1.97 million, the first time it has been below two million since 2008.

• Global shares fall sharply as concerns about weak global economic growth knock investor confidence.

 


Daily News To Watch

Thursday 16th October 2014 Previous Forecast Actual

13:30pm CAD Manufacturing Sales m/m 2.5% -1.6%

 USD Unemployment Claims 287k 286k

15:00pm USD Philly Fed 22.5 19.9

 Manufacturing Index

 

 

By Nikhil Pankhania

Senior Market Analyst & Trader

 

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