After ending yesterday at 1.0047, Euro-Dollar shifts up to 1.0047 (down 10,046 pips) .
A good end to the trading week, EUR/USD is up to 1.0047, after closing yesterday at zero. Overall, a 0% move or 10,046 pips this week. (Trade Euro-Dollar with FXTM now).
On the flip side, data for United States Initial Jobless Claims released yesterday at 12:30 UTC comes out at 222,000, beating projections of 240,000 and showing improvement over the preceding figure of 228,000.
Meanwhile, Euro Zone Deposit Facility Rate (Sep) comes out at 0.75, while the projection was 0.5. Euro Zone Interest Rate released yesterday at 12:15 UTC with a figure of 1.25, while the previous figure was 0.5. Euro Zone ECB Marginal Lending Facility comes out at 1.5. Euro Zone CFTC EUR speculative net positions comes out at -36,300.
The market is looking forward to the release of new data: Germany ZEW Economic Sentiment Index is expected Tuesday. Euro Zone Industrial Production projected to come out at 0.2% — worse than previous data of 0.7%; data will be released Wednesday. France HICP (MoM) (Aug) will be released Thursday.