The Euro appreciated against the US Dollar, following the US ADP Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 17 pips or 0.14% after the release. The Euro continued trading at the 1.1840 level against the Greenback after the release.
The Department of Labor released the US Unemployment Claims data, which came out better-than-expected of 881K compared with the forecast of 955K.
The number shows that the US labor market continues to improve gradually after the coronavirus crisis.
| Date | 06.08.20 | 13.08.20 | 20.08.20 | 27.08.20 | 03.09.20 |
|---|---|---|---|---|---|
| Actual | 1186K | 963K | 1106K | 1006K | 881K |
| Forecast | 1410K | 1120K | 930K | 1000K | 955K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.72906 | 0.72983 | 0.11% |
| EUR/USD | 1.18197 | 1.18365 | 0.14% |
| NZD/USD | 0.67310 | 0.67367 | 0.08% |
| USD/JPY | 106.484 | 106.429 | -0.05% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 27.8% | 72.2% |
| EUR/USD | 38.0% | 62.0% |
| NZD/USD | 26.3% | 73.8% |
| USD/JPY | 40.9% | 59.1% |
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