EURUSD

Last night, after Powell's hawkish tone messages, the strengthening Dollar put pressure on the pair. For EURUSD, which remains below the pivot level of 1.17264, all eyes will be on the U.S. Jobless Claims and Philadelphia Fed Manufacturing Index data today. Stronger-than-expected data could support the rise in the Dollar, pushing the pair towards the support levels of 1.17052 and 1.16801. Conversely, data that comes in weaker than expectations could confirm Powell's concerns about economic slowdown and limit the decline in the pair.