Euro-Dollar continued a four day positive streak, up 53 pips to 1.0671

Published: March 19 2023, 13:51 GMT+0

Euro-Dollar continued a four day positive streak, up 53 pips to 1.0671

Friday at a glance: EUR/USD moves up 0.5% to close at 1.0671 Friday.

While Euro-Dollar is up today, these currencies are lagging behind: USD/JPY lost 1.33% Friday and closed at 133.59. USD/SGD lost 0.44% Friday and closed at 1.3456. EUR/NZD is down to 1.7009, losing 127 pips, after ending the previous session around 1.7137.

Elsewhere, tomorrow at 07:00 UTC data for Germany Producer Price Index will be released, with an expected decline to -1.6% from the preceding figure of -1%. Euro Zone Trade Balance (Jan) scheduled to come out tomorrow at 10:00 UTC.

After setting a supportive marker at 0.9596 around 5 months ago, Euro-Dollar is now trading 10.65% above this level.

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