EUR/USD. September 25, 2020 – The dollar is confidently moving to new highs The EUR/USD pair continues to decline on Friday, and the euro runs the risk of renewing local minimums in the 1.1620 area during the day. The current quote for the pair is 1.1635. The main support for the dollar, driving its growth, comes from the need of global investors for «safe» assets, as more countries mark the signs of a second wave of coronavirus. At the same time, market participants ignore the relatively weak American statistics. According to yesterday's data, the number of applications for unemployment benefits showed an increase to 870 thousand from the previous level of 866 thousand. The forecast was more optimistic and assumed a decrease in the indicator to 845 thousand. The dollar showed some weakening yesterday, as investors' appetite for risky assets increased amid resumption of talks on additional stimulus for the US economy in the amount of $2.2 trillion. Today we should pay attention to the publication of the US report on orders for durable goods for August, where the indicator could have increased by 1.1% m/m after earlier growth by 11.4% m/m. Macroeconomic publications are not expected in the euro area, so the dynamics of the EUR/USD pair will depend on data from the United States.