Weekly reviews

The New York Federal Reserve Bank governor, William Dudley said that the rate rise timing depended on the economic data and added that the interest rate increase in June was still possible if the labor market recovery remained confident.

According to the Ministry of Labor report the March employment increased by 126,000 jobs, followed by a revised downward growth of 264,000 in February. Economists had expected the number to grow by about 245,000 compared with the addition of 295,000, which was originally projected for the previous month.

The US Labor Department reported that the claims number fell by 9,000 to 282,000 from 291,000, recorded last week.

The number of jobless claims fell by 36,000 to 289,000 on March 7, pointing out to the continued labor market recovery.

The dollar continueв to grow after the US Friday employment report was better the forecast. The release showed 295000 new employees, the forecast was 240000.

The dollar strengthened its position after the US Commerce Department reported that the durable goods orders rose by 2.8% last month, higher than it was expected.

The sentiment towards the dollar is still vulnerable after the Federal Reserve January meeting minutes showed that officials who were responsible for the bank policy expressed concern that the premature interest rates increase can weaken the US economic recovery.

The US Labor Department reported - the initial jobless claims increased by 25,000 to 304,000 from a revised 279,000 the previous week. Analysts had expected the number to grow by 6,000 to 285,000 last week.

The US Labor Department reports that the number of jobless claims rose by 11,000 to 278,000 from a revised 267,000 the previous week. Analysts had expected the number of jobless claims would increase by 23,000 to 290,000.

On Wednesday the US Federal Reserve repeated that would show patience regarding interest rates raising. Most analysts believe that the first rates increase for nearly 10 years may happen approximately in the mid-2015.