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

A quick look at Friday: EUR/USD increases 0.5% to close at 1.0671 Friday.

Meanwhile, USD/JPY lost 1.33% Friday and closed at 133.59. USD/SGD lost 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: Germany Producer Price Index projected to come out at -1.6% — worse than previous data of -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) scheduled to come out tomorrow at 10:00 UTC.

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