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July 01, 2023A quick look at yesterday: EUR/USD rallied 42 pips (0.39%) deep into the session, reaching 1.0911.
At the same time, Euro Zone Consumer Price Index came out at 5.5%, while a consensus of analysts was expecting 5.6%. Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 145,000, while the previous figure was 144,600. United States Core PCE Price Index (YoY) (May) released yesterday at 12:30 UTC with a figure of 4.6, while the previous figure was 4.7.
Elsewhere, other currency pairs are also gaining ground as NZD/USD rallies 1.14% yesterday and closed at 0.6069. GBP/USD rallies 0.69% yesterday and closed at 1.261.
At the same time, EUR/NZD drops 0.68% yesterday and closed at 1.79.
Trading mostly sideways for 30 days. Having set a significant low of 0.9596 9 months ago, Euro-Dollar is trading 13.25% higher.
