12:42 PM · 16 April 2020

BREAKING: US jobless claims top 5.2 million

Initial jobless claims came in at 5245k against expected 5500k. Last week jobless claims came in at 6606k. The latest figure brought the total reported in the last four weeks to over 22 million, as the coronavirus crisis deepened. The reading did not significantly affect the dollar, however, US stocks went higher

EUR/USD – remain unchanged after publication of the Unemployment Claims report. The most popular currency pair is trading between support at 1.0843/ and resistance at 1.10. Source: xStation5

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