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The European Central Bank left its monetary policy unchanged, as expected.
US weekly unemployment claims eased to 900K in the week ended January 15.
EUR/USD holds on to its bullish stance but needs to clear the 1.2170 resistance.
The EUR/USD pair advanced to 1.2172, within the ECB monetary policy announcement, to stabilize around 1.2150. The shared currency surged on prevalent optimism, and as the European Central Bank maintained its current monetary policy while pledging to keep supporting the economy through the pandemic. President Christine Lagarde confirmed that the stimulus program will continue at least until March 2022, adding that current levels of facilities are good for now.
Market Watch 666 For 20December 2020
November s retail sales, industrial production, & new home construction; October s business inventories
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In addition, the Bureau of Labor Statistics released both the November Import-Export Price Index and the Regional and State Employment and Unemployment Summary for November, a report which breaks down the two employment surveys from the monthly national jobs report by state and region..while the text of that report provides a useful summary of this data, the serious statistical aggregation can be found in the tables linked at the end of the report, where one can find the civilian labor force data and the change in payrolls by industry for each of the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands.