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EUR/USD – Euro Jumps on Strong Eurozone Job Numbers

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD has posted strong gains on Thursday, as the pair trades at 1.0850 in the European session. In economic news, Eurozone Unemployment Change dropped to 10.5%. In Germany, Factory Orders easily beat expectations but Retail Sales fell short of the estimate. Over in the US, today’s key event is Unemployment Claims, with the markets expecting the indicator to drop to 271 thousand. The euro has sharply reversed directions on Thursday. EUR/USD has posted gains of over 100 points since Tuesday,

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