Forex News and Rumors

U.S. Sheds 598,000 Jobs in January

The US Labor Department report released this morning shows that 598,000 jobs were lost in January bringing the unemployment rate to 7.6 percent. More

Canada Suffers Worst Month of Job Losses in History

The Canadian economy shed 129,000 jobs in January raising unemployment to 7.2 percent. More

Dollar Falls on Poor Employment News

The dollar weakened against the euro in early trading as news of the 598,000 jobs lost in January became public. More

U.S. Senate Delays Vote on Stimulus Package

The U.S. Senate has postponed a vote for later today on President Obama’s economic recovery bill after failing to come to terms on the final details. More

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