EUR/USD jumps higher as US Jobless Claims advance, focus shifts to NFP

EUR/USD jumps higher as US Jobless Claims advance, focus shifts to NFP

EUR/USD climbs above 1.0550 after weekly US Initial Jobless Claims came in higher-than-projected. The ECB is expected to cut its Deposit Facility Rate by 25 bps to 3% next week. The fallout of the French government would keep the Euro on tenterhooks.

submitted by /u/Denchock
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