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EUR/USD Little Changed During Thursday’s Trading

March 23, 2017 (Last updated on March 24, 2017) by

EUR/USD was little changed during Thursday’s trading session as economic data from the United States was mixed and markets were waiting for the vote on the Trumpcare.

Initial jobless claims were at the seasonally adjusted level of 258k last week, an increase from the previous week’s revised level of 243k. It was a surprise as market participants were counting on a small drop to 240k. (Event A on the chart.)

New home sales were at the seasonally adjusted annual rate of 592k in February, rising from January’s revised rate of 558k and exceeding the analysts’ median forecast of 566k. (Event B on the chart.)

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