| 
March 01, 2023EUR/USD goes up to 1.0592, having dipped down to 1.0569 earlier.
Germany Unemployment Change data will be released today at 08:55 UTC, with an expected decline to 9,000.
Uptick comes while some more positive signs for Euro-Dollar are out as Consumer Confidence in United States fell short of market expectations (108.5) with a reading of 102.9, continuing the decline from the previous figure of 106.
Meanwhile, Spain HICP (YoY) (Feb) came out at 6.1, while a consensus of analysts was expecting 5.5. Spain Consumer Price Index released yesterday at 08:00 UTC with a figure of 6.1%, while the previous figure was 5.9%.
Other currencies are also rising as having closed the previous session at 144.07, EUR/JPY is up 0.23% today to currently trade at around 144.41. Having closed the previous session at 0.6187, NZD/USD is up 0.33% today to currently trade at around 0.6207.
While the Euro is up today, these currencies are lagging behind: GBP/NZD is down 51 pips from the beginning of the session and now trades around 1.9391.
Also worthy of note, today at 08:55 UTC data for Germany Unemployment Change will be released, with an expected decline to 9,000 from the preceding figure of -15,000.
Furthermore, the market is looking at Germany Consumer Price Index figure is projected at 8.5%. It previously stood at 8.7%; data will be released today at 12:00 UTC. Euro Zone ECB Monetary Policy Statement scheduled to come out tomorrow at 12:30 UTC.
As things stand, the Euro is 10.28% away from a significant low of 0.9596 first set 5 months ago.
