Elsewhere in Europe, the ECB remains predominantly steady in its policy approach
The number of jobless claims rose less than expected last week. The US Department of Labor revealed that 712K people filed for unemployment insurance, below the market’s estimated 730K.
The latest report comes amid predominantly positive signs for recovery for the US economy, given that the Senate approved the stimulus package, and more and more Americans are receiving their COVID-19 vaccine.
On the other side of the Atlantic, Christine Lagarde announced that the bond purchase program would be increased “significantly” next quarter. At the same time, the Pandemic Emergency Purchase Program will remain unchanged at $2.21 trillion.
Sources: forexfactory.com cnbc.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Key Way Markets Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.