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June 27, 2023The Euro trades at 1.0971 after gaining 61 pips (0.56%).
New United States Core Durable Goods Orders improved upon the previous -0.6% figure while also exceeding analyst expectations with a reading of 0.6%.
Nevertheless, data for United States Core Durable Goods Orders published today at 12:30 UTC came out at 0.6%, beating projections of -0.1% and showing improvement over the preceding figure of -0.6%.
Meanwhile, United States Building Permits came out at 1.50 million, while a consensus of analysts was expecting 1.49 million. Following a previous reading of 88.3, Business Expectations in Germany released yesterday at 08:00 UTC fell short of the 88 figure expected by analysts with an actual reading of 83.6.
Other currencies are also rising as EUR/CAD soars 0.68% to trade around 1.4436. EUR/JPY added 0.6% to its value, now trading at 157.37.
At the same time, USD/SGD falls 0.41% to trade around 1.3474.
Also worthy of note, Italy Consumer Price Index is expected tomorrow at 09:00 UTC. Germany GfK Consumer Climate (Jul) is expected tomorrow at 06:00 UTC. Euro Zone ECB President Lagarde speech set for tomorrow at 15:00 UTC.
Having set a significant low of 0.9596 8 months ago, Euro-Dollar is trading 13.69% higher.
