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April 11, 2023Tentatively higher from an earlier low of 1.0835, EUR/USD is up to 1.0889 today, adding 24 pips, or 0.23%, to yesterday's closing price of 1.0864.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 0.6643, AUD/USD is up 0.5% today to currently trade at around 0.6677. GBP/USD improves 0.23% to trade around 1.2412.
While Euro-Dollar is up today, these currencies are lagging behind: after ending yesterday's session at 1.635, EUR/AUD lost 44 pips and is trading around 1.6305.
Also worthy of note, United States Crude Oil Inventories is projected to outperform its last figure with -1.3 million. It previously stood at -3.74 million; data will be released tomorrow at 14:30 UTC.
Elsewhere, Euro Zone Retail Sales projected to come out at -0.8% — worse than previous data of 0.3%; data will be released today at 09:00 UTC. Euro Zone ECB's De Guindos speech is scheduled tomorrow at 12:30 UTC.
The currency pair has been trending positively for about a month. As things stand, the Euro is 13.21% away from a significant low of 0.9596 first set 6 months ago.
