Negative macroeconomic statistics from the United States | 24 سبتمبر 2021

24 سبتمبر 2021, EUR/USD

Negative macroeconomic statistics from the United States

EURUSD trading plan:

The number of Americans filing new claims for unemployment benefits unexpectedly rose last week. Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 351,000 for the week ended Sept. 18. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 750 to 335,750 last week. A survey from data firm IHS Markit showed business activity grew at its slowest pace in a year in September as companies struggled with ongoing shortages of raw materials and labor. This is a negative macroeconomic statistic for the dollar.

Investment idea: buy 1.1719 and take profit 1.1790.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
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