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 gained 1 pips or 0.01% after the release. The Euro continued trading at the 1.7900 level against the Greenback after the release.
The Department of Labor released the US Unemployment Claims, which came out worse-than-expected of 4427K compared with the forecast of 4350K.
According to the official release: "The COVID-19 virus continues to impact the number of initial claims and insured unemployment. In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from the previous week's revised level."
| Date | 26.03.20 | 02.04.20 | 09.04.20 | 16.04.20 | 23.04.20 |
|---|---|---|---|---|---|
| Actual | 3283K | 6648K | 6606K | 5245K | 4427K |
| Forecast | 1648K | 3600K | 5000K | 5350K | 4350K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.6382 | 0.63774 | -0.07% |
| EUR/USD | 1.07857 | 1.07861 | 0.00% |
| NZD/USD | 0.60204 | 0.60206 | 0.00% |
| USD/JPY | 107.404 | 107.42 | 0.01% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 41.7% | 58.3% |
| EUR/USD | 28.5% | 71.5% |
| NZD/USD | 57.8% | 42.2% |
| USD/JPY | 40.6% | 59.4% |
Economic calendar