Macroeconomics  |  February 14, 2013 14:10:00

The number of new applications for aid has fallen and can send EUR / USD below The number of Americans claiming new unemployment benefits last week fell more than expected. The number of applications fell by 27,000 to 341,000 applications. Economists expected a worse result namely 360 000th

The Ministry of Labour had the official report estimates the number of requests in the states of Illinois and Connecticut due to a snowstorm. However, data should not be too different, since most requests are served using the online form. The total number of Americans who receive unemployment benefits decreased by 130,000 to 3.11 million. This is the lowest number of Americans on support from June 2008, which may be due to the exhaustion of temporary support program.

EUR / USD is held in a bear trend and is currently trading in a problematic zone between the price of 1.336 and 1.33. We could not wait for a short correction, and then continue towards the rising trend line on the daily chart. This scenario would also correspond to fundamental news, when the eurozone was in recession and the U.S. labor market is doing.

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