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June 16, 2023Tentatively higher from an earlier low of 0.8557, EUR/GBP is up to 0.8563 today, adding 6 pips, or 0.08%, to yesterday's closing price of 0.8557.
Euro Zone Consumer Price Index is next today at 09:00 UTC.
At the same time, Euro Zone Deposit Facility Rate (Jun) released yesterday at 12:15 UTC with a figure of 3.5, while the previous figure was 3.25. Euro Zone Interest Rate came out at four, while a consensus of analysts was expecting four. Fresh ECB Marginal Lending Facility data from Euro Zone came out at 4.25.
At the same time, EUR/JPY retreats 0.18% to trade around 153.22. GBP/JPY is down 36 pips from the beginning of the session and now trades around 178.93. USD/JPY closed at 140 (down 0.18%).
Furthermore, the market is looking at Euro Zone Consumer Price Index figure is projected at 6.1%. It previously stood at 7%; data will be released today at 09:00 UTC. Euro Zone Wages in euro zone (YoY) (Q1) is expected today at 09:00 UTC. Italy Consumer Price Index figure is projected at 0.3%. It previously stood at 0.4%; data will be released today at 08:00 UTC.
Trading mostly sideways for 4 months. As things stand, Euro-Pound is 12.55% away from a significant high of 0.9785, first set 8 months ago.
