Investing.com - The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
EUR/USD was trading at 1.3227, up 0.67% at time of writing.
The pair was likely to find support at 1.2970, Tuesday’s low, and resistance at 1.3301, Monday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 436.00K last week from 410.00K in the preceding week whose figure was revised up from 407.00K.
Analysts had expected Initial Jobless Claims to rise to 423.00K last week.
Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.77% to hit 0.8474 and EUR/JPY falling 0.11% to hit 110.50.
EUR/USD was trading at 1.3227, up 0.67% at time of writing.
The pair was likely to find support at 1.2970, Tuesday’s low, and resistance at 1.3301, Monday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 436.00K last week from 410.00K in the preceding week whose figure was revised up from 407.00K.
Analysts had expected Initial Jobless Claims to rise to 423.00K last week.
Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.77% to hit 0.8474 and EUR/JPY falling 0.11% to hit 110.50.