Financial and Business News
Initial jobless claims fell more than expected last week, dropping below 500K for the first
"Taking a step back, the market feels like it may have entered auto-pilot mode," notes
Weekly Initial Jobless Claims in the US decreased by 92,000. US Dollar Index stays deep
Sustained USD selling exerted pressure on USD/CAD for the second straight session on Thursday. A
In a reaction to China’s suspension of high-level economic dialogue with Australia, Aussie Trade Minister Dan
USD/JPY remains depressed near 109 in the Asian session. Lower US Treasury yields undermine the
GBP/USD picks up bids inside a wide 80-pip move after BOE Super Thursday. Britain calls
EUR/USD flirts with 200-HMA, picking up bids of late. Upbeat Momentum line, sustained breakout of
Ethereum Classic price displays a lack of bullish momentum as it consolidates below $96.94. A
Swipe price reveals bearish topping pattern on the intra-day chart. Intra-day Relative Strength Index (RSI)
