Stagnant Euro-Dollar peaks at 1.1051 amid sluggish price action

A quick look at Friday: after ending Thursday at 1.1018, EUR/USD spiked to 1.1051 Friday, dropped back to starting point range, and rallied again to 1.1023.

Other currencies are also rising as notably, GBP/JPY rose 0.94% Friday and closed at 168.71.

While Euro-Dollar is up today, these currencies are lagging behind: after ending Friday's session at 1.4907, EUR/CAD lost 169 pips and is trading around 1.4737. USD/CAD drops 1.23% Friday and closed at 1.354.

Furthermore, the market is looking at tomorrow at 06:00 UTC data for Germany Industrial Production will be released, with an expected decline to -1.3% from the preceding figure of 2%. Germany Buba Vice President Buch speech is scheduled tomorrow at 07:10 UTC. Euro Zone ECB's Lane speech set for tomorrow at 14:00 UTC.

The currency pair has been trending positively for about a month. Having set a peak of 1.1073 around 4 days ago, the Euro is now trading 0.5% below this level.