Friday at a glance: EUR/USD slid into the red after losing 68 pips and ending the session at 1.0852.
Euro-Dollar's value drop coincided with the fact that NZD/USD lost 1.77% Friday and closed at 0.63.
Though the Euro has been dropping, other pairs have been performing better: GBP/NZD is trading around 2.0109 after ending Friday's session at 1.9853 (up 1.29% today). EUR/NZD is trading around 1.7527 after ending Friday's session at 1.7322 (up 1.18% today).
Furthermore, tomorrow at 09:00 UTC data for Euro Zone Industrial Production will be released, with an expected decline to -2.5% from the preceding figure of 1.5%. Euro Zone Eurogroup Meetings is expected tomorrow at 10:00 UTC. Euro Zone EU Economic Forecasts is expected tomorrow at 09:00 UTC.
As things stand, the Euro is 1.38% away from a significant high of 1.1073, first set 11 days ago.