Forex news fundamental analysis:The course of world employment

The impact of lack of employment growth and the nature of unemployment are observed in both developing and developed world. The main thing that struck me from the protocol FOMC, published last night, it was disappointing labor market, while growth this year has been slightly revised upwards. Unemployment is projected close to 9% by the end of the year and slightly below 8% by the end of 2012. Do not see a return to "normal" levels (between 5% and 6%) for several years. Meanwhile, the lack of work, especially among youth, a factor that resulted in unrest in the Middle East (but certainly not the only factor). In Bahrain, the dispersing demonstrators at night, while in Libya, are scheduled even bigger protests. Ultimately, the continued unrest in the Middle East must support the dollar. Although at the moment, though disappointed by the labor market, the Fed has no intention to expand QE2, or refuse to execute the program entirely.

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