The EUR/USD fluctuated between the 1.1898 and 1.1917 marks to decrease slightly, following the US Jobless Claims report. The fall was easily offset by the bullish market reaction on the Mr. Draghi speech, where the Euro added 17 base points or 0.14% and continued gradual increase to the intraday high of 1.1947.
The US Labour Department stated that the number of Americans filing for unemployment benefits dropped unexpectedly to 259K last week, suggesting that the hurricanes-related increase continued to reverse. The next move in the pair was set by the ECB President Mario Draghi comments on the banking sector risks, while avoiding to provide any hints on the Bank’s monetary policy changes decision.
