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14 Feb 2013
Forex: EUR/USD muted after US jobs data
The single currency keeps the 1.3340 region after the positive weekly report from the US labour market, with Initial Claims dropping below expectations to 341K in the week ended February 10.
Next on tap in the US docket would be the speeches by Fed’s members Tarullo and Bullard ahead of the 30-year bond auction.
At the moment, the pair is losing 0.82% at 1.3341 and a dip below the psychological mark at 1.3300 would expose 1.3265 (low Jan.23) and the 1.3251 (Lower Bollinger).
On the flip side, resistance levels line up at 1.3442 (MA21d) ahead of 1.3472 (MA10d) and finally 1.3520 (high Feb13).
Next on tap in the US docket would be the speeches by Fed’s members Tarullo and Bullard ahead of the 30-year bond auction.
At the moment, the pair is losing 0.82% at 1.3341 and a dip below the psychological mark at 1.3300 would expose 1.3265 (low Jan.23) and the 1.3251 (Lower Bollinger).
On the flip side, resistance levels line up at 1.3442 (MA21d) ahead of 1.3472 (MA10d) and finally 1.3520 (high Feb13).