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 35 pips or 0.29% after the release. The Euro continued trading at the 1.1880 level against the Greenback after the release.
The Department of Labor released the Unemployment Claims data, which came out worse-than-expected of 884K compared with the forecast of 838K.
Note that the Labor Department changed its methodology of seasonally adjusting the numbers, thus, the past two weeks' numbers are not directly comparable to the reports from earlier.
| Date | 13.08.20 | 20.08.20 | 27.08.20 | 03.09.20 | 10.09.20 |
|---|---|---|---|---|---|
| Actual | 963K | 1106K | 1006K | 881K | 884K |
| Forecast | 1120K | 930K | 1000K | 955K | 838K |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/CHF | 1.07661 | 1.0782 | 0.15% |
| EUR/GBP | 0.91635 | 0.91745 | 0.12% |
| EUR/JPY | 125.70500 | 126.021 | 0.25% |
| EUR/USD | 1.18447 | 1.18872 | 0.36% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 52.2% | 47.8% |
| EUR/GBP | 30.3% | 69.7% |
| EUR/JPY | 46.6% | 53.4% |
| EUR/USD | 45.0% | 55.0% |
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