Weekly unemployment pay applications increased in the USA. According to the announcement yesterday in the US, the weekly unemployment rate was higher than the market expectation with 244 thousand people and recorded a surplus compared to the previous turnover. But, the financial experts in the USA market tell that the recovery in the USA employment market continues. When we arrive today, we can say we are faced with a weaker data calendar. The January import product price index to be announced in Germany during the day is important for inflation developments. In the US, new housing sales for January and Michigan consumer confidence index for February will be announced. Expectations for housing sales will rise by more than 6 %.
When we look at the EUR/USD market, the parity is pricing the latest developments nowadays. The parity is following 1,0580 level in this morning. On this level we will be following 1.0660 resistance. 1.0570 support is important in retreats. Under this level, sales in the department can gain momentum and 1.0550 - 1.0500 support may come on the agenda.
- Date: 24 February 2017 Fri 07:28
- Last Added
French Presidential elections are affecting the positive atmosphere on Euro
French Presidential elections are affecting the positive atmosphere on Euro...
Inflation rate is testing record levels in Turkey
Inflation rate is testing record levels in Turkey...
Non-farm payrolls data of the USA increased
Non-farm payrolls data of the USA increased...
Fed's politics interest decision gives direction to the global markets
Fed's politics interest decision gives direction to the global markets...
Oil market is trying to find a direction
Oil market is trying to find a direction at the last times....