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EURUSD
The euro began to rise after the Bank of England's decision to stabilize the British government bond market through intervention.
The euro showed a daily high, then a normal correction to averages for H4 - but then a report on the US came out.
Initial jobless claims fell below +200K, +193K - below 200K for the first time in a very long time; long-term unemployment has also fallen. The labor market remains a strong place for the US economy, despite the general expectation of a recession. GDP for the second quarter, third reading, unchanged, -0.6%, the deflator was adjusted from +8.9% to +9% - inflation is very high.
We are waiting for the PCE inflation report on Friday.
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