EURUSD Technical Analysis - The market is waiting for the next catalyst
The EURUSD pair is consolidating just beneath a key resistance level. What's next?
Stay updated with breaking news from Initial Claims. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The EURUSD pair is consolidating just beneath a key resistance level. What's next?
A very busy week ahead with lots of key economic data and the FOMC rate decision.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to still tight labor market conditions. Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 207,000 for the week ended April 20, the Labor Department said on Thursday. Economists polled by Reuters had forecast 215,000 claims in the latest week.
We have a very dull weak ahead on the data front with the Flash PMIs and the US PCE being the main highlights.
This week we get many tier-one data points that will culminate in the NFP report on Friday.