6.648 thousand new applications for unemployment benefits in the United States per week - much higher than forecasts - after 3.280 thousand a week earlier - if I correctly understand the calculation method, this is about 10 million unemployed per week - or about 5% in addition to unemployment.
The numbers are monstrous - but the markets are practically unresponsive. This is strange, but it is a fact.
Coronavirus: 220,000 infected in the US, +26 thousand per day, or +13%.
EURUSD: Buy from 1.1040, stop 1.0995, target 1.1140.
We sell from 1.0635.