The single European currency, which has remained relatively stable in recent days, can now lose some of its position against the dollar. It is all about the number of applications for unemployment benefits in the U.S., which should be reduced by 26,000. In particular, the number of primary applications should be reduced by 3,000 and repeated by 23,000. For the dollar, this is uniquely positive news, especially since it is under pressure due to the growth of geopolitical tensions. At the same time, it is somewhat oversold in relation to major currencies. However, given the external factors, the market may not react too strongly to good statistics, and the single European currency has a chance to stay.
The EUR/USD currency pair in ambiguity fluctuates in the value of 1.2375, leaving behind the candles of the "Doji" type. It is probable to expect the current mood to remain within 1.2360 / 1.2400. In the event that the bearish interest is still prevailing in the market and the quotation will be able to fix below 1.2360 (1.2355), then one can already speak of a deeper movement.
