2:37 PM · 6 January 2022

BREAKING: EURUSD steady after key data releases

Initial jobless claims in the US ticked up to 207k in the final full week of December from 200k before which remain a great result indeed and if anything only proves that the unemployment situation has improved a lot. Continuing claims rose from 1718k to 1754k, much above expectations of 1688k so this is a stain on the report although continuing claims data is quite volatile and often sees significant revisions.

Claims to population ratio of 0.06% has never been lower! Source: Macrobond, XTB Research

November trade balance is one of few reports that isn’t backing the greenback really. The deficit ballooned to above $80 billion from $67 billion in October.   

Earlier we had flash inflation data from Germany that painted a mixed picture. CPI (domestic basket) increased from 5.2 to 5.3% y/y while HICP (EU basket) declined from 6 to 5.7%. In both cases the print was above expectations (of 5.1 and 5.6% respectively) which underlines that price pressures remain significant.

EURUSD is steady today having recovered from a dip below 1.13 but while the pair has managed to stay within the range it still looks like a flag pattern. This pattern usually leads to trend continuation.

31 July 2026, 12:34 PM

Market Wrap: European equities at 3-week highs! Apple dips in US premarket!

31 July 2026, 10:01 AM

Euro Area core inflation above estiamtes! EURUSD under key resistance!

31 July 2026, 9:12 AM

Chart of the Day: EURUSD after the Fed meeting. The market scales back rate hike expectations

31 July 2026, 7:36 AM

Economic Calendar: Key European CPI Readings and Oil Giants’ Earnings

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits