Negative macroeconomic statistics from the United States | 09 Julio 2021

09 Julio 2021, EUR/USD

Negative macroeconomic statistics from the United States

EURUSD trading plan:

The number of Americans filing new claims for unemployment benefits rose slightly last week. Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 373,000 for the week ended July 3, the Labor Department said. Lack of affordable child care and fears of contracting the coronavirus have been cited for keeping workers, mostly women, at home. There were a record 9.2 million job openings at the end of May and 9.5 million people were officially unemployed in June. This is clearly not enough for the Fed to stop printing money. Employment is 6.7 million less than the pre-crisis level.

Investment idea: buy 1.1822 and take profit 1.1900.


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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