After three days of persistent declines, Euro-Dollar was flat yesterday

A quick look at yesterday: EUR/USD closed at 1.0731 yesterday after ranging between 1.0705 and 1.076.

This move comes while some more positive signs for Euro-Dollar are out 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 yesterday 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.

A look at other currencies also shows bullish price action as GBP/NZD surges 0.52% yesterday and closed at 2.0311. GBP/JPY added 0.64% and closed around 172.53 yesterday. USD/JPY ascends 0.41% yesterday and closed at 140.05.

Having set a peak of 1.1073 around 24 days ago, Euro-Dollar is now trading 3.09% below this level.