The Euro traded sideways against the US Dollar, following the US Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% after the release. The Euro continued trading at the 1.0890 level against the Greenback after the release.
The Department of Labor released the US Unemployment Claims data, which came out better-than-expected of 5245K compared with the forecast of 5350K.
According to the official release: "The COVID-19 virus continues to impact the number of initial claims and insured unemployment."
| Date | 19.03.20 | 26.03.20 | 02.04.20 | 09.04.20 | 16.04.20 |
|---|---|---|---|---|---|
| Actual | 281K | 3283K | 6648K | 6606K | 5245K |
| Forecast | 220K | 1648K | 3600K | 5000K | 5350K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.63213 | 0.632 | -0.02% |
| EUR/USD | 1.08941 | 1.08903 | -0.03% |
| NZD/USD | 0.59868 | 0.59885 | 0.03% |
| USD/JPY | 107.49 | 107.496 | 0.01% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 55.6% | 44.4% |
| EUR/USD | 27.8% | 72.2% |
| NZD/USD | 55.4% | 44.6% |
| USD/JPY | 42.8% | 57.2% |
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