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

Published: March 19 2023, 16:15 GMT+0

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

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

While Euro-Dollar is up today, these currencies are lagging behind: after ending Friday's session at 133.59, USD/JPY lost 178 pips and is trading around 131.8. USD/SGD falls 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.

Furthermore, the market is looking at 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.

As things stand, the Euro is 10.65% away from a significant low of 0.9596 first set 5 months ago.

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