Forex - EUR/USD up during the European session

Forexpros - The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3631, up 0.65% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure was revised up from 423K.

Analysts had expected Initial Jobless Claims to fall to 420K last week.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.21% to hit 0.8678 and EUR/JPY rising 0.97% to hit 104.77.


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