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U.S. Data Sinks in the Channel This Time…and The Queen?

Posted on January 29, 2009 at 9:33 in Market Analysis by Tim Salem

Happy Thursday!

Our Post-Time is about 14:30 GMT, so let’s update where we are on the GBP/USD !

U.S. Initial Jobless Claims rises to a historic 588K, Continuing Claims for those out of employment for a while clocks in at 4776K, up from 4607K, and finally our  Cars, Washers, and Plasma TVs drop into the English Channel with -2.6% and -3.6% Core, respectively.

“We are shocked, CVJ…Shocked!”,  the CVJ Guys cry….with obvious sarcasm.

Indeed…no real surprises here…increasing Unemployment will sort of curb that new Plasma TV purchase for the Super Bowl this weekend, won’t it…   ;-)

Let’s check Cable, and see how our Queen’s swim in the Channel is fairing with Her slight gain due to the Dollar’s losing a few Laps for this swim meet.

(click once for the capture)

 

 

 

We’ll check in for a quick Recap later, and see if the Queen can keep up Her edge in the 400- Meter Swim!

 

:-)

 

 

 

Tags: Cable, channel, Data, dollar, news, pound, Sterling

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