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Forex: EUR/USD little changed after US jobs data

FXstreet.com (Barcelona) - The bloc currency kept the red figures after US Initial Claims bettered expectations, coming in at 336K vs. 342K expected, although they rose a tad from 334K in the previous week (revised).

Next on tap will be the flash US Markit Manufacturing PMI for the month of March, expected to improve to 55.0 from 54.3, the Existing Home Sales and the Philly Fed Manufacturing index.

The cross is now losing 0.15% at 1.2924 with the immediate support at 1.2878 (MA200d0 ahead of 1.2865 (Lower Bollinger) and finally 1.2844 (low Mar.19).
On the flip side, a surpass of 1.2979 (high Mar.20) would clear the way to 1.3032 (MA21d) and then 1.3128 (MA100d).

Canada: Retail Sales up 1.0% in January

Both the headline Retail Sales and the Ex-autos data rose and beat consensus expectations in January, at +1.0% (consensus of 0.9%) and +0.5% (consensus of 0.3%), respectively. December data was re-vised from -2.1% to -2.3 and from -0.9% to -1.0%, respectively.
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Forex: USD/JPY recovers the mark of 95.35/36 after US jobs data

The USD/JPY has fallen precipitously during European trading Thursday, as the pair relinquished its hold on the 96.00 level earlier, falling to an intraday minimum of 95.08. This proved to be the bottoming out of the collapse, which on the heels of US data, now proved the impetus for a short-term recovery towards 95.35/36 in these moments. However, the pair is still incurring a loss of -0.68% off its opening.
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