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June 17, 2023Yesterday at a glance: EUR/USD closed at 1.0947 yesterday after ranging between 1.0923 and 1.0973.
At the same time, Euro Zone Consumer Price Index came out at 6.1%, while a consensus of analysts was expecting 6.1%. Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 151,800, while the previous figure was 158,400. Fresh Wages in euro zone (YoY) (Q1) data from Euro Zone came out at 4.6.
A look at other currencies also shows bullish price action as GBP/JPY is trading around 181.94 after ending yesterday's session at 179.29 (up 1.47% today). USD/JPY is trading around 141.88 after ending yesterday's session at 140.26 (up 1.15% today). EUR/JPY soars 1.14% yesterday and closed at 153.5.
Having established significant support at 0.9596 approximately 8 months ago, the Euro's share price has bounced 14.07% higher.
