| 
April 18, 2023After closing at 1.093 yesterday, EUR/USD began today at 1.0925 with significant bullish sentiment driving EUR/USD's price action higher. So far today, price action has drawn out a distinct 1.0913 to 1.1004 range.
Germany ZEW Economic Sentiment Index is next today at 09:00 UTC.
Meanwhile, Italy Consumer Price Index released yesterday at 08:00 UTC with a figure of -0.4%, while the previous figure was 0.2%. United States TIC Net Long-Term Transactions (Feb) came out at 71 billion, while a consensus of analysts was expecting 101.9 billion. United States NY Empire State Manufacturing Index (Apr) came out at 10.8, while a consensus of analysts was expecting -18.
A look at other currencies also shows bullish price action as EUR/NZD added 0.15% to its value, now trading at 1.7686.
Other currencies are showing mixed performance as EUR/JPY trades around 147, with no major change. USD/JPY trades with no major change, around 134.47.
Furthermore, the market is looking at Germany ZEW Economic Sentiment Index figure is projected at 15.3. It previously stood at 13; data will be released today at 09:00 UTC. Euro Zone Consumer Price Index figure is projected at 6.9%. It previously stood at 6.9%; data will be released tomorrow at 09:00 UTC. Germany ZEW Current Conditions (Apr) scheduled to come out today at 09:00 UTC.
The currency pair has been trending positively for about a month. The Euro is now trading 1.07% away from its significant high of 1.1048 first tested 5 days ago.
