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09.02.2023 11:46 PM
EURUSD: persistent range

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EURUSD

The U.S. data came out:

Initial jobless claims increased by 13,000 to a seasonally adjusted 196,000 last week - a very low level.

But the number of long-term benefits rose slightly, at 1.68 million.

The U.S. labor market remains strong and supports the Federal Reserve in its fight against inflation.

The market projects a 70% probability that the Fed will raise rates at the next meeting by +0.25%.

Euro: Range.

Buy from 1.0670 sell from 1.0980 - this is just an idea - make your own decision based on your understanding of the situation.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
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