After three days of going down, the Euro 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.

The Euro 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%.

Meanwhile, 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 added 0.66% to its value, now trading at 173.67. GBP/NZD is up 0.47% to 2.0406. USD/JPY goes up 0.41% to trade around 140.62.

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