22 Aug 2013
EUR/USD muted on US job data
FXstreet.com (Edinburgh) - The EUR/USD kept the range around 1.3320/25 after the US jobs data disappointed investors last week, with Initial Claims rising above estimates.
EUR/USD indifferent after data
Initial Claims rose to 336K in the week ended on August 17, above the median at 322K and up from the previous week at 323K (revised). Next on tap in the US docket will be the advanced Manufacturing PMI sponsored by Markit, with consensus expecting a climb to 53.8 for the month of August.
EUR/USD levels to watch
The pair is now losing 0.19% at 1.3329 with the next support at 1.3257 (MA30d) followed by 1.3222 (weekly cloud top) and then 1.3206 (low Aug.15). On the flip side, a break above 1.3427 (high Aug.21) would aim for 1.3453 (high Aug.20) and finally 1.3456 (high Feb.14).
EUR/USD indifferent after data
Initial Claims rose to 336K in the week ended on August 17, above the median at 322K and up from the previous week at 323K (revised). Next on tap in the US docket will be the advanced Manufacturing PMI sponsored by Markit, with consensus expecting a climb to 53.8 for the month of August.
EUR/USD levels to watch
The pair is now losing 0.19% at 1.3329 with the next support at 1.3257 (MA30d) followed by 1.3222 (weekly cloud top) and then 1.3206 (low Aug.15). On the flip side, a break above 1.3427 (high Aug.21) would aim for 1.3453 (high Aug.20) and finally 1.3456 (high Feb.14).