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FX.co ★ Evening review 04/30/2020. EUR/USD. ECB statements, US unemployment report +3.8 million

Evening review 04/30/2020. EUR/USD. ECB statements, US unemployment report +3.8 million

 Evening review 04/30/2020. EUR/USD. ECB statements, US unemployment report +3.8 million

EUR/USD: The ECB has spoken.

US Employment Report for the week - +3.8 million new jobless claims.

Long-term unemployment - 18 million (+2 million last week).

Non-farm payrolls report is due to come out next week.

Recent ECB announcement mentions the continuation of the 750-billion stimulus package, which purchases bonds to counter the severe risks posed by the pandemic.

EUR/USD - Other market conditions will decide on a rise and price consolidation above 1.0900, or a fall to 1.0808 and down.

Keep purchases at 1.0850, but be ready to sell at 1.0808.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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