US: Weekly Initial Jobless Claims decline to 498K vs. 540K expected
Weekly Initial Jobless Claims in the US decreased by 92,000. US Dollar Index stays deep
USD/CAD slides further below mid-1.2200s, fresh multi-year lows and counting
Sustained USD selling exerted pressure on USD/CAD for the second straight session on Thursday. A
Eurozone Retail Sales jump 12% YoY in March vs. 9.6% expected, EUR/USD unfazed
Eurozone Retail Sales increased by 2.7% MoM in March vs. +1.5% expected. Retail Sales jumped
USD/CAD slides to the lowest since February 2018, around mid-1.2200s
A combination of factors dragged USD/CAD lower for the second straight session on Thursday. An
German Factory Orders beat estimates with 3% MoM in March, EUR/USD keeps 1.20
German Factory Orders rose by 3% MoM in March, a big beat. On a yearly
US: Private sector employment rises by 742K in April vs. 800K expected
US ADP Employment Change arrived at 742K in April. US Dollar Index turned flat on
US: Factory Orders rise by 1.1% in March vs. 1.3% expected
Factory Orders in US rose less than expected in March. US Dollar Index stays in
US: Markit Services PMI improves to 64.7 (final) in April from 60.4
US Markit Services PMI climbed to a fresh series high in April. US Dollar Index
US: ISM Services PMI edges lower to 62.7 in April vs. 64.3 expected
ISM Services PMI edged slightly lower in April. US Dollar Index posts modest daily gains
German Preliminary GDP contracts 1.7% in Q1 vs. -1.5% expected, EUR/USD battles 1.21
German GDP arrives at -1.7% QoQ in Q1 vs. -1.5% expected. Annualized German GDP stands