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June 19, 2023Slightly weaker but mostly flat: EUR/USD is currently trading at 1.0922 as it maintains an active range between 1.0911 and 1.0953.
Furthermore, as things stand, upcoming Germany Producer Price Index data is projected to fall short of market expectations with newly published data of -0.7%, following on from the preceding figure of 0.3%. New data is set to be published tomorrow at 06:00 UTC. Euro Zone ECB's Enria speech is scheduled for tomorrow at 08:00 UTC. Euro Zone ECB McCaul speech will be released tomorrow at 11:45 UTC.
Euro-Dollar is now trading 13.85% away from its significant low of 0.9596 first tested 8 months ago.
