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July 02, 2023A quick look at Friday: EUR/USD rallied 42 pips (0.39%) deep into the session, closing at 1.0911.
Other currencies are also rising as NZD/USD is trading around 0.6138 after ending Friday's session at 0.6069 (up 1.14% today). GBP/USD added 0.69% and closed around 1.261 Friday.
While the Euro is up today, these currencies are lagging behind: EUR/NZD is down to 1.7776, losing 123 pips, after ending the previous session around 1.79.
Furthermore, the market is looking at Spain Manufacturing PMI figure is projected at 48. It previously stood at 48.4; data will be released tomorrow at 07:15 UTC. Germany Buba President Nagel speech set for tomorrow at 12:00 UTC. United States ISM Manufacturing PMI (Jun) is expected tomorrow at 14:00 UTC.
Trading mostly sideways for 30 days. Having established significant support at 0.9596 approximately 9 months ago, Euro-Dollar's share price has bounced 13.25% higher.
