FXStreet — The currency pair EUR/USD was in the first half of the American business new commandments, and climbed to the highest level since the 9. November 1,0980. Most recently it was listed on 1,0975 and to 0.83 percent in the Plus.
The area around 1,0950 was cops since last week, a tough nut to crack for the EUR, and therefore the jump about the larger Stops are triggered is likely to have, and the accelerated downward movement.
From the United States economic data we received today was quite satisfactory. So is the number of initial claims in the context of the US unemployment insurance in the week ending 28. April by 19,000 to 238.000 like. The labour costs are in January to March by 3 percent, while the productivity in non-agriculture for the same period by 0.6 percent fell. Tomorrow is the next important price driver with the labour market data for the USD on the Agenda. After the disappointing failed plus in March, investors are speculating on a recovery and see the growth in employment in April in the case of 185,000.
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The next Resistances are at 1.10 (psychological mark) and 1,1070 (High-08. November). Supports on the other hand, 1,0850 (Deep 27. April), 1,0775 (the 200-day line) and 1,0685 (100-day line).
** FXStreet News Editorial, FXStreet**