After three days of going down, Euro-Dollar is stable today, trading around 1.0731

After closing at 1.0731 yesterday, EUR/USD began today at 1.0732 with significant bullish sentiment driving EUR/USD's price action higher. So far today, price action has drawn out a distinct 1.0705 to 1.076 range.

Euro-Dollar upside coincides with further encouraging market factors as highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, Euro Zone CFTC EUR speculative net positions released today at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

Other currencies are also rising as GBP/JPY rallies 0.66% to trade around 173.67. GBP/NZD is up 0.47%. USD/JPY is up 0.41%.

Having set a peak of 1.1073 around 23 days ago, Euro-Dollar is now trading 3.09% below this level.