The US dollar continued
to feel pressure from yesterday’s FOMC policy minutes today, falling
against other major currencies. Thus, EUR/USD continued to move higher.
While the rally of the currency pairwas very
limited yesterday, it is rather strong today. Positive economic indicators
released from the United States on Thursday failed to support
the greenback.
Philadelphia Fed
manufacturing index rose from -2.9 to 2.0
in August, exceeding the analysts’ median forecast of 1.4.
(Event A on the chart.)
Initial jobless claims fell from 266k to 262k
last week instead
of rising to 269k as experts had predicted. (Event
A on the chart.)
Leading
indicators edged
up 0.4% in July while specialists had expected the same 0.3% rate
of growth as in June. (Event B on the chart.)
0 comments:
Post a Comment