{"id":1889,"date":"2021-09-03T10:38:00","date_gmt":"2021-09-03T13:38:00","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1889"},"modified":"2021-09-03T10:38:02","modified_gmt":"2021-09-03T13:38:02","slug":"this-thursday-the-euro-extended-its-gains-and-was-trading-inits-highest-point-in-four-weeks-above-1-187-as-signs-that-the-ecbmay-begin-to-limit-emergency-bond-purchases-pepp","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/09\/03\/this-thursday-the-euro-extended-its-gains-and-was-trading-inits-highest-point-in-four-weeks-above-1-187-as-signs-that-the-ecbmay-begin-to-limit-emergency-bond-purchases-pepp\/","title":{"rendered":"This Thursday, the euro extended its gains and was trading inits highest point in four weeks, above 1.187, as signs that the ECBmay begin to limit emergency\u00a0bond\u00a0purchases\u00a0(PEPP).\u00a0"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><strong>Forex<\/strong><\/p>\n\n\n\n<p><strong>EURUSD:<\/strong>\u00a0This Thursday, the euro extended its gains and was trading inits highest point in four weeks, above 1.187, as signs that the ECBmay begin to limit emergency\u00a0<em>bond<\/em>\u00a0purchases\u00a0(PEPP).\u00a0The inflation rate ofEurozone reached its highest level in 10 years in the month of August which ledsome\u00a0<em>policymakers<\/em>\u00a0to raise\u00a0<em>hawkish<\/em>\u00a0comments\u00a0this week.<\/p>\n\n\n\n<p><strong>DXY:<\/strong>\u00a0In contrast, the dollar index was trading near lows of 4weeks, close to 92.2, while investors await\u00a0<em>payroll<\/em>\u00a0data\u00a0that will bereleased tomorrow in order to have a clearer view of the market recovery ofWork.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Commodity <\/strong><\/p>\n\n\n\n<p><strong>Gold:<\/strong>\u00a0On a falling day, but remaining close to four-week highs,gold was trading around USD 1810 an ounce.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Indexes<\/strong><\/p>\n\n\n\n<p><strong>Wall Street:<\/strong>\u00a0Both the S&amp;P 500 and Nasdaq renewed historic highs today,while the Dow Jones rose more than 130 points with recent data confirming astrong recovery.\u00a0Claims for unemployment insurance in the country fell more than theexpected while job cuts were their lowest in 24 years;\u00a0atexports grew 1.3% in July.<\/p>\n\n\n\n<p><strong>Europe:<\/strong>\u00a0In Europe, the main indices closed slightly higher, close to theirrecord highs amid optimism about economic recoveryEuropean Union, despite doubts about the perspective of monetary andconcerns about global growth due to the growth of cases ofcoronaviruses, mainly in the Asia-Pacific region.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>News<\/strong><\/p>\n\n\n\n<p><strong>United States Initial Jobless Claims:<\/strong>\u00a0The number of Americans who filednew claims for unemployment insurance dropped to 340,000 in the week ended 28 FebruaryAugust, its lowest level since March 2020 and below expectations of 345,000,as the labor market consolidated its recovery after the reopening ofcompanies in the US and despite persistent concerns about the continued resurgence of theCOVID-19.\u00a0At the same time, the shortage of labor supply continued to have a strongimpact on the economy as employers struggle to find workersqualified enough to fill the vacancies.\u00a0It is expected that the number ofnew applicants decline further in the coming weeks and months as thepandemic programs, including state and federal unemployment benefits,will expire on September 6 in the nearly 24 states that still offer them<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forex EURUSD:\u00a0This Thursday, the euro extended its gains and was trading inits highest point in four weeks, above 1.187, as signs that the ECBmay begin to limit emergency\u00a0bond\u00a0purchases\u00a0(PEPP).\u00a0The inflation rate ofEurozone reached its highest level in 10 years in the month of August which ledsome\u00a0policymakers\u00a0to raise\u00a0hawkish\u00a0comments\u00a0this week. DXY:\u00a0In contrast, the dollar index was trading near [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1043,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1889","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1889"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1889\/revisions"}],"predecessor-version":[{"id":1890,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1889\/revisions\/1890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1043"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}