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April 23, 2023Friday at a glance: EUR/USD recovered from the previous trading session's losses and went up to 1.0991 Friday after it traded lower at 1.0942.
A look at other currencies also shows bullish price action as GBP/NZD is trading around 2.0269 after ending Friday's session at 2.0122 (up 0.73% today). EUR/NZD is trading around 1.7902 after ending Friday's session at 1.7752 (up 0.85% today). EUR/AUD soars 0.94% Friday and closed at 1.6265.
Positive indicators for the Euro are expected going forward as Germany Business Climate Index is projected to outperform its last figure with 94. It previously stood at 93.3; data will be released tomorrow at 08:00 UTC.
The market is looking forward to the release of new data: Germany Current Assessment (Apr) is scheduled for tomorrow at 08:00 UTC. Germany Business Expectations is projected to outperform its last figure with 91.5, having previously been at 91.2. The figure will be published tomorrow at 08:00 UTC.
The currency pair has been trending positively for about a month. The Euro is now trading 0.66% away from its significant high of 1.1048 first tested 10 days ago.
