Euro-Dollar shifts up to 1.032, after ending the last session at zero (down 0%) .
A good end to the trading week, EUR/USD is up to 1.032, after closing yesterday at zero. Overall, a 0% move or 10,319 pips this week. (Trade Euro-Dollar with FXTM now).
On the flip side, highly important Initial Jobless Claims data from United States beat analyst expectations of 225,000 with a reading of 222,000.
Meanwhile, United States Existing Home Sales (Oct) released today at 15:00 UTC with a figure of 4.43 million, while the previous figure was 4.71 million. United States Philadelphia Fed Manufacturing Index (Nov) came out at -19.4, while a consensus of analysts was expecting -6.2. United States Building Permits (Oct) released yesterday at 13:30 UTC with a figure of 1.53 million, while the previous figure was 1.56 million. Euro Zone Core Consumer Prices came out at 5%, while a consensus of analysts was expecting 5%.
Outlook for rest of the week: Positive indicators for the Euro are expected going forward as Germany Business Climate Index is projected to outperform its last figure with 85. It previously stood at 84.3; data will be released Thursday.
The market is looking forward to the release of new data: Germany GDP figure is projected at 0.3. It previously stood at 0.3; data will be released Friday. Euro Zone ECB President Lagarde speech is scheduled Sunday.