Session Recap: US data scares risk; Euro & Canadian hurt

Bad Jobless and Philly Fed Manufacturing data hurt risk appetite on Thursday with the Greenback rising on its safe haven status and the Euro, Canadian Dollar and US equities weakening. Philly Fed Manufacturing index was the biggest bad news as the February figures posted an unexpected decline to -12.5 from -5.8 in January. Market waited a improvement to 1.0 points in the second month of the year.

The USD/CAD rose to test the 1.0200 resistance, highest since July 2012 and the EUR/USD fell to 1.3160, lowest since January 10th. EUR/USD remains slightly bearish with MACD and CCI pointing bear in the 15-minutes timeframe while Momentum is bullish. In the 1-hour chart, CCI and Momentum are bearish while Stochastic is bullish and the MACD is neutral.

Main Headlines in America:

US: Initial Jobless Claims rose to 362K

US: CPI rose 1.6% in January, matching estimates

France expected to miss 2013 deficit target

US: Manufacturing PMI fell to 55.2 in February

Commodities Brief – Gold escapes ‘death cross’, precious metals fall ahead of US opening

American equity markets unable to rebound Thursday

US: Philadelphia Fed Manufacturing Index disappoints at -12.5 in February

Fundamental Afternoon Wrap: You don´t know what EUR´ve got till it´s gone

Session Recap: USD keeps shining

Forex: EUR/USD moves above 1.3200, Fed's Bullard still ahead

Forex: GBP/USD consolidates above 1.5200

Forex: USD/JPY moving lower again, eyeing Fed's Bullard

Forex: USD/CAD eyes on key level at 1.0200

Bearish pressure increases on the Euro

Fed’s Bullard: Asset purchases could be ‘reduced somewhat’ as labor markets ‘improve somewhat’

US markets in red as FOMC weights, dollar firmly up

Forex: AUD/USD bounces from 4-month low