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EUR/USD extends the slide to 1.3240

FXstreet.com (Edinburgh) -The negative sentiment is swelling around the single currency on Thursday, prompting buyers to stay at bay and pushing the EUR/USD to another test of weekly lows near 1.3240.

EUR/USD focus on US docket

Against the backdrop of increasing risk aversion, the pair will face today’s US docket, where the weekly report on the labour market and the Q2 GDP Annualized will be in the limelight. Prior surveys expect the economic activity to have expanded 2.2% QoQ and Initial Claims to drop to 329K in the week ended on August 23. Fed’s member Bullard will also give a speech …read more