Euro-Dollar up four days in a row, gaining 53 pips, closing at 1.0671.

Published: March 19 2023, 18:00 GMT+0

Euro-Dollar up four days in a row, gaining 53 pips, closing at 1.0671.

A quick look at Friday: EUR/USD rose 53 pips to close at 1.0671 Friday which makes for a move of 0.5%.

Meanwhile, USD/JPY is down to 131.8, losing 178 pips, after ending the previous session around 133.59. USD/SGD is down to 1.3397, losing 59 pips, after ending the previous session around 1.3456. EUR/NZD is down to 1.7009, losing 127 pips, after ending the previous session around 1.7137.

Furthermore, the market is looking at Germany Producer Price Index projected to decline to -1.6% while previous data was -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) scheduled to come out tomorrow at 10:00 UTC.

The Euro is now trading 10.65% away from its significant low of 0.9596 first tested 5 months ago.

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