FXC – Forex Broker



BREAKING: US jobless claims, EURUSD gains slightly

It will takes about:

September 2, 2021

US jobless claims data for the previous week was released at 1:30 pm BST. Report showed lower readings for both initial and continuing claims, what can be seen as a positive sign.
  • Initial jobless claims: 340k vs 345k expected (353k previously)
  • Continuing claims: 2748k vs 2808k expected (2862k previously)

While a drop in claims can be seen as a positive following last week’s weaker reading, market did not seem to care. EURUSD experienced a very small reaction in the aftermath of the data release and most of that gain has been erased by now. The 1.1834 area is a short-term support to watch on the pair as it marks the neckline of a double top. Breaking below this hurdle could pave the way for a bigger drop.


Recommended News

Top movers

Find out witch markets are urrently the top gainers or losers

Markets sentiment

See if traders are currently sellers or buyers o each market

Get latest market news, trading tips an special offers - 100% free!

You can unsubscribe anytime. For more details review our Privacy Policy.