The euro pared some of the losses it incurred after a disappointing Trichet speech, mainly helped by weaker-than-expected US weekly jobless data. At 14:47 GMT, the pair was at 1.3132, little changed from Wednesday's close of 1.3136 and off the intra-day low of 1.3059. The immediate short-term stop higher for the pair could be 1.3151 as indicated by the period-100 SMA. Market is now waiting for the US pending homesales report for October due 15:00 GMT.
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