Euro-Dollar went up 53 pips, closing at 1.0671 and building up on its four days of gains

Published: March 19 2023, 08:35 GMT+0

Euro-Dollar went up 53 pips, closing at 1.0671 and building up on its four days of gains

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

While the Euro is up today, these currencies are lagging behind: USD/JPY drops 1.33% Friday and closed at 133.59. USD/SGD dips 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.

The market is looking forward to the release of new data: 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) is scheduled for tomorrow at 10:00 UTC.

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

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