EUR/USD The Euro again found support on dips towards 1.4150 against the dollar during Friday and rallied to a high near 1.43 before initially faltering again as risk appetite dipped once again. The US retail sales data provided some relief from recent gloom with the headline and core readings both recording a 0.5% increase for [...]

EUR/USD The Euro sustained a strong tone in Europe on Tuesday and pushed to challenge resistance levels near 1.3480 against the US currency. The German economic data maintained a firm tone with a ZEW business confidence index rise to 4.3 for December from 1.8. The Euro was unable to sustain the gains as it remained [...]

Initial jobless claims for the week ending 01/09 will be released on Thursday January 14th at 8:30 AM ET and are expected at 437k. Initial jobs claims rose 1k during the week ending January 2nd to 434k, a reading of 447k was expected. The jobless claims report is important because last Friday’s report of an [...]