I was working on windows cygwin, and i use the cygwin sshd service to give me ssh access to the windows machine, so that I can work from a familiar linux environment! Now cygwin did not allow me to use the ctrl-left arrow and ctrl-right arrow to move around the command, similar problem while remote login to sles machines.
Here is the solution: Add the following to you ~/.inputrc file
"\e[5C": forward-word
"\e[5D": backward-word
"\e[1;5C": forward-word
"\e[1;5D": backward-word
And you should be able to jump words!