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01.11.2012 13:22

EUR / USD rose to the employment report

 

 

After the ADP employment report for October, EUR / USD rose to 1.2966. The index fell by only 4 thousand from 162 thousand to 158 thousand, while analysts expected a decline to 135 thousand

Data on applications for unemployment benefits have been conflicting. Primary applications fell more than expected from 372 million (revised from 369 thousand) to 363 million (forecast 370 thousand), while repeated applications rose from 3,259 million (revised from 3.254 million) to 3,263 million . (forecast 3.250 million). increased from 33,816 thousand to 47,724 thousand

Couple updated intraday high 1.2982 and is now trading at at 1.2970 after data on the index of business activity in the manufacturing sector, which slightly fell short of projections (October 51.0, forecast 51.5)


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