The Euro appreciated against the US Dollar, following the US PPI and Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 11 pips or 0.10% after the release. The Euro continued trading at the 1.0910 level against the Greenback after the release.
The Bureau of Labor Statistics released the US PPI data, which came out better-than-expected of negative 0.2% compared with the forecast of negative 0.3%.
Note that the US Unemployment Claims data was released at the same time. The data came worse-than expected of 6,606 thousand compared with the forecast of 5,000 thousand or five million.
According to the official release: "In March, the decrease in the final demand index can be traced to a 1.0-percent drop in prices for final demand goods. The index for final demand services moved up 0.2 percent. Prices for final demand less foods, energy, and trade services declined 0.2 percent in March, the largest decrease since falling 0.2 percent in October 2015. For the 12 months ended in March, the index for final demand less foods, energy, and trade services rose 1.0 percent."
| Date | 12.12.19 | 15.01.20 | 19.02.20 | 12.03.20 | 09.04.20 |
|---|---|---|---|---|---|
| Actual | 0.0% | 0.1% | 0.5% | -0.6% | -0.2% |
| Forecast | 0.2% | 0.2% | 0.1% | -0.1% | -0.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.62319 | 0.62529 | 0.34% |
| EUR/USD | 1.0872 | 1.08796 | 0.07% |
| NZD/USD | 0.59965 | 0.60158 | 0.32% |
| USD/JPY | 108.84 | 108.827 | -0.01% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 67.4% | 32.6% |
| EUR/USD | 28.2% | 71.8% |
| NZD/USD | 64.1% | 35.9% |
| USD/JPY | 38.6% | 61.4% |
Economic calendar