Thu. Jan 27th, 2022

EUR / USD has been trading flat during Thursday’s trading. While the currency pair fell after the launch of better than expected according to reports on GDP and unemployment claims, it then bounced back, trading near the level of openness at the time of writing.

USD GDP increased by 4.3% in Q4 2020 according to the third and final estimate. Markets expected the same reading of 4.1% as in the preliminary estimate. The indicator rose 33.4% in the third quarter. (Event A in the graph.)

Initial claims for unemployment last week they stood at 684,000, seasonally adjusted, below the revised level of 781,000 the previous week (770,000 before the revision). Markets expected a smaller decline to 727,000. (Event A in the graph.)

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