A slow down? After seven days of going up, the Euro is flat today, hovering around 1.0947.

Small gain for EUR/USD at 1.0947 after ranging between 1.0923 and 1.0973 today.

At the same time, Euro Zone Consumer Price Index came out at 6.1%, while a consensus of analysts was expecting 6.1%. Euro Zone Deposit Facility Rate (Jun) released yesterday at 12:15 UTC with a figure of 3.5, while the previous figure was 3.25. Euro Zone Interest Rate came out at four, while a consensus of analysts was expecting four.

A look at other currencies also shows bullish price action as GBP/JPY added 1.47% to its value, now trading at 181.94. USD/JPY is up 1.15% to 141.88. EUR/JPY is up 1.12%.

Euro-Dollar is now trading 14.07% away from its significant low of 0.9596 first tested 8 months ago.