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BREAKING: USD weakens slightly after US claims data

The number of Americans filling for unemployment benefits was 230k million in the week ended December 3, compared to 225k reported in the previous week. Today’s reading came in line with market expectations. 

Continuing claims reading, which lags initial jobless claims data by one week, jumped to 1.671 million from 1.608 million, while analysts expected a decrease to 1.600 million. 

EURUSD barely reacted to the today’s data release. The main currency pair is moving towards short-term resistance zone in the 1.0540 area. Source: xStation5

Daily summary: Weak start to the week for global equities
Alibaba plunges 7.0% amid HQ move reports
EV makers under pressure
EUR/USD remains steady
CHNComp pulls back from crucial resistance