EUR/USD is trading around 1.13, off the highs as concerns about coronavirus and the court decision to hand Trump's financial to a grand jury trigger political uncertainty. US jobless claims beat expectations.
USD/JPY lacked any firm directional bias and remained confined in a range on Thursday. A subdued USD price action failed to impress bulls or provide any meaningful impetus. The upbeat market mood undermined the safe-haven JPY and helped limit the downside.
WTI stays mildly bid above $41.00 while remaining above 100-HMA. Multiple failures to cross $41.15 confront a bullish chart formation on a short timeframe. June month’s top, February low will be on the buyers’ radar after a successful break.