The US dollar seems to have added some muscle when it strengthened on the back of positive economic data suggestive of improving economic conditions in the US. Some of the positive news on the US economic front includes, narrowing of monthly job losses to 11,000 in November accompanied by initial claims for jobless benefits dropping to their lowest since September 2008.

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If you are not sure what exactly show jumps are, then this will help explain them for you. They are generally affiliated with the English style of horse shows or events.

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A pall of gloom seemed to have hit the US economy, with the US commerce department revising downwards, Q3 GDP growth estimates at an annualized rate to 2.2%, from the earlier 3.5%, which had been revised downwards to 2.8%. This suggests that the US economy did not grow as fast as earlier estimates had implied, dampening the positive mood that the economy had swung into.

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