US Dollar appreciated 0.53%

Source: Dukascopy Bank SA

On Thursday, May 21, the US Dollar appreciated 58 pips or 0.53% against the European Common Currency.  

It is likely that the Greenback was supported by the US Flash Manufacturing and Services PMIs survey results release, which came out better-than-expected. 

Additionally, it is likely that the US Dollar add to gains as the Department of Labor published corrected data for the US Unemployment Claims for the last week. According to the release, the number of claims continued to decrease.

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