Analysis of Trade .002

After losing $200.00, I thought I would try to figure out what happened from last night until this morning where my trade went into the opposite direction. What made the market change?

1. U.S. Inital Jobless claims.

According to the Labor Department, first-time jobless claims had fell  9,000 to 365,000 from 374,000 the prior week.  This news came out @ 7:30 am EST. The EUR/USD was around 1.5735. Within an hour it had dropped by 40 pips.