US unemployment data and the USD
The United States will publish the Initial Jobless Claims on Thursday, December 30, at 15:30 GMT+2 (MetaTrader time).
EUR: beating the USD so far
At the beginning of Thursday, we were not sure whether the EUR/USD would hold ground at the level 1.1000 which is was testing during the day. Eventually, not only it managed to hold but firmly broke it to rise to 1.1100 and above. Currently, the nearest bullish target is the lower March resistance of 1.1140. Will the EUR/USD have enough strength to beat it? There is a probability for that knowing that the EUR is pushed by the economies recovering and financial aid on the table of the European Commission. However, as the US-China tensions keep increasing, the USD may get the upper hand on risk-off moods given the coming announcement Donald Trump promised to make on the subject before this weekend. So a reversal is possible to get EUR/USD back down as well. Watch that closely and trade wisely!
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An index that will rock USD
The United States will publish the ISM Non-Manufacturing PMI on Thursday, January 6, at 17:00 GMT+2 (MetaTrader time).
News from US central bank
The Federal Reserve (FOMC), US central bank, will publish its December meeting minutes on Wednesday, January 5, at 21:00 GMT+2 (MetaTrader time).
Latest news
Is European Economy Healthy Enough?
Germany will release the flash Purchasing Managers' Index (PMI) for manufacturing and services industries at 10:30 GMT+2 on January 24.
ZEW Sentiment Will Help the Euro
Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2
Pound Can Outperform the Market
Great Britain's office for national statistics will release CPI data on January 19, 09:00 GMT+2.
