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EUR/USD Little Changed During Thursday’s Trading

EUR/USD was little changed during Thursday’s trading session as economic data from the United States was mixed and markets were waiting for the vote for the Trumpcare.

Initial jobless claims were at the seasonally adjusted level of 258k last week, an increase from the previous week’s revised level of 243k. It was a surprise as market participants were counting on a small drop to 240k. (Event A on the chart.)

New home sales were at the seasonally adjusted annual rate of 592k in February, rising from January’s revised rate of 558k and exceeding the analysts’ median forecast of 566k. (Event B on the chart.)

If you have any comments on the recent EUR/USD action, please reply using the form below.

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About Louie Lewis

Louie Lewis
Successful forex trading starts with you first. Then comes the actual strategies and techniques. I have been involved with forex and forex trading for a few years now. It is a wonderful way to build wealth. The learning never stops and I want to help others along their journey into this wonderful market of opportunity.

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