The Euro records flat yesterday on the back of 3rd straight day of declines

A quick look at yesterday: having ended a bullish session yesterday at 1.0731, momentum helped EUR/USD finish the day 1 pips or 0% higher, although mixed sentiments ensured the Euro etched out a distinct 1.0705 to 1.076 session range.

This move comes while some more positive signs for the Euro are out as highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

Elsewhere, other currency pairs are also gaining ground as GBP/NZD is trading around 2.0417 after ending yesterday's session at 2.0311 (up 0.52% today). GBP/JPY went up by 0.64% yesterday, and closed at 173.63. USD/JPY is trading around 140.62 after ending yesterday's session at 140.05 (up 0.41% today).

Having set a peak of 1.1073 around 24 days ago, Euro-Dollar is now trading 3.09% below this level.