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

Published: March 19 2023, 08:21 GMT+0

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

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

Meanwhile, USD/JPY drops 1.33% Friday and closed at 133.59. USD/SGD falls 0.44% Friday and closed at 1.3456. EUR/NZD falls 0.75% Friday and closed at 1.7137.

Also worthy of note, as things stand, upcoming Germany Producer Price Index data is projected to fall short of market expectations with newly published data of -1.6%, following on from the preceding figure of -1%. New data is set to be published tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) will be released tomorrow at 10:00 UTC.

After setting a supportive marker at 0.9596 around 5 months ago, Euro-Dollar is now trading 10.65% higher.

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