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May 30, 2023After closing the previous trading day at 1.0711, EUR/USD is up to 1.0734, which makes for a move of 0.22%/23 pips today.
United States Consumer Confidence data will be released today at 14:00 UTC, with an expected decline to 99.
Meanwhile, Italy 10-Year BTP Auction released today at 09:25 UTC with a figure of 3.79, while the previous figure was 3.77. Spain HICP (YoY) (May) came out at 2.9, while a consensus of analysts was expecting 4.1. Spain Consumer Price Index came out at 3.2%, while a consensus of analysts was expecting 4.4%.
Other currencies are also rising as having closed the previous session at 2.04, GBP/NZD is up 0.66% today to currently trade at around 2.0537. GBP/USD moves up 0.55% to trade around 1.2427. GBP/CAD is up 0.57%.
Positive indicators for the Euro are expected going forward as Germany Unemployment Change is projected to outperform its last figure with 14,000. It previously stood at 24,000; data will be released tomorrow at 07:55 UTC.
Also worthy of note, Euro Zone ECB President Lagarde speech set for tomorrow at 12:30 UTC. Italy Consumer Price Index figure is projected at -0.2%. It previously stood at 0.4%; data will be released tomorrow at 09:00 UTC.
Having set a peak of 1.1073 around 27 days ago, Euro-Dollar is now trading 3.27% below this level.
