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May 16, 2023EUR/USD is down to 1.088, after ending yesterday at 1.0881. Overall, a 0.01% loss or 1 pips today.
Germany ZEW Economic Sentiment Index is next today at 09:00 UTC.
Meanwhile, following a previous reading of 1.5%, Industrial Production in Euro Zone released yesterday at 09:00 UTC fell short of the -2.5% figure expected by analysts with an actual reading of -4.1%. United States TIC Net Long-Term Transactions (Mar) released yesterday at 20:00 UTC with a figure of 133.3 billion, while the previous figure was 56.6 billion. United States NY Empire State Manufacturing Index (May) came out at -31.8, while a consensus of analysts was expecting -3.7.
In the meantime, negative performances are also seen in other pairs as GBP/NZD closed at 2.0035 (down 0.18%). EUR/NZD is trading around 1.74 (down 24 pips).
Positive performances can be seen by looking at other currencies as NZD/USD gained 0.19% and is now trading at 0.6253.
Furthermore, Euro Zone Consumer Price Index figure is projected at 7%. It previously stood at 6.9%; data will be released tomorrow at 09:00 UTC. Euro Zone ECB President Lagarde speech set for today at 14:00 UTC. Euro Zone ZEW Economic Sentiment Index is expected today at 09:00 UTC.
Having set a peak of 1.1073 around 13 days ago, the Euro is now trading 1.73% below this level.
