US: Non-farm Productivity rose 2.3% in Q2

FXstreet.com (Edinburgh) -The US Labour Department informed on Thursday that Non-farm Productivity rose 2.3% during the second quarter, exceeding forecasts at 1.5% and leaving behind the previous 1.7% contraction.

Unit Labour Costs came in flat during the same period, coming in short of expectations at 0.8% and lower than the previous drop of 4.2%.

US: Initial Jobless Claims fell to 323K

According to the Labour Department, the Americans that filed in their first initial claims for regular state unemployment-insurance benefits fell by 9K last week to a seasonally adjusted 323K in the week ended August 30, below...
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Flash: AUD/USD resumption of downside portended – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions.
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