Initial Claims in the United States was announced at 428,000; higher than 419,000 as it was predicted by economists. The release wasn't so bad, as the number of individuals filing for unemployment were 1,000 less than last week; which has 429,000 individuals who claimed unemployed.
Euro/Dollar is a big a big deal during these past weeks, as the Greek crisis has pushed and pulled the Euro up and down. The pair is extremely choppy. In yesterday's trading the pair dropped a dramatic 50 pips within minutes after the voting period was complete. More events are scheduled for, which can move the Euro again; such as the second round of Greek voting, still due.
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