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June 19, 2023Struggling to find upward momentum, EUR/USD has shed 8 pips to currently trade at 1.0935 as it ranges between 1.0923 and 1.0973 so far today.
In the meantime, negative performances are seen in other pairs, after ending Friday's session at 155.22, EUR/JPY lost 45 pips and is trading around 154.77.
Positive performances can be seen by looking at other currencies as having closed the previous session at 1.3365, USD/SGD is up 0.18% today to currently trade at around 1.339. GBP/NZD is up 0.28%.
Furthermore, Germany Producer Price Index projected to decline to -0.7% while previous data was 0.3%; data will be released tomorrow at 06:00 UTC. Euro Zone ECB's Lane speech is scheduled today at 11:00 UTC. Euro Zone ECB's Schnabel speech set for today at 11:40 UTC.
Having established significant support at 0.9596 approximately 8 months ago, the Euro's share price has bounced 14.04% higher.
