- US Initial Jobless Claims Actual 223k (Forecast 224k, Previous 220k)
- US Philly Fed Business Index Actual 12.5 (Forecast 9, Previous 18.1)
The data is mostly in line with expectations. EURUSD is losing some ground after the release and remains in a strong downtrend.
Warsh before the Senate: βI will not be a tool of the presidentβ and signals Fed reform agenda
BREAKING: U.S. sales above expectations!
Economic calendar: German ZEW and US retail sales in macro focus π
GBPUSD slightly up after stronger than expected UK labour market data