Forex - EUR/USD down at the end of U.S. session

Forex Pros - The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3599, down 0.98% at time of writing.

The pair was likely to find support at 1.3509, Monday's low, and resistance at 1.3744, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 383.00K last week from 419.00K in the preceding week whose figure was revised up from 415.00K.

Analysts had expected Initial Jobless Claims to fall to 413.00K last week.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.95% to hit 0.8448 and EUR/JPY rising 0.09% to hit 113.19.




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