EUR/USD currency pair declined today on growing concerns about European debt crisis as European equities fell today. U.S. macroeconomic data was generally neutral today and without unexpected results. EUR/USD trades currently near 1.2294.
Initial jobless claims was at the seasonally adjusted rate of 457k in the week ending June 19, a decrease from the previous week’s revised figure of 476k. Markets participants expected a decline to 461k.
Durable goods orders decreased by 1.1% in May. This decrease followed five consecutive monthly increases including a 3.0% increase in April. This figure was in line with forecasts, which predicted a 1.2% decrease.
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