After three days of going down, the Euro is flat today, hovering 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 Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

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 having closed the previous session at 2.0311, GBP/NZD is up 0.52% today to currently trade at around 2.0417. GBP/JPY is up 0.66% to 173.67. Having closed the previous session at 140.05, USD/JPY is up 0.41% today to currently trade at around 140.62.

The Euro is now trading 3.09% away from its significant high of 1.1073 first tested 23 days ago.