Euro-Dollar retraces 15 pips from 9 months high, trades at 1.0913

Published: January 25 2023, 19:51 GMT+0

Euro-Dollar retraces 15 pips from 9 months high, trades at 1.0913

EUR/USD reached 1.0929, breaking a 9 months record. Later, it lost 15 pips and is now trading at 1.0913.

Elsewhere, other currency pairs are also gaining ground as GBP/NZD gained 0.86% and is currently trading at 1.9136. GBP/CAD gained 0.69% and is now trading at 1.6594.

While Euro-Dollar is up today, these currencies are lagging behind: USD/SGD is down to 1.3133, losing 60 pips, after closing at 1.3194 in the preceding trading session.

The past 3 months have been positive for the Euro as it added 10.23% compared to its 3-month low of 0.9596.

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