Slightly weaker but mostly flat: EUR/USD is currently trading at 1.0894 as it maintains an active range between 1.0891 and 1.0923.
Positive performances can be seen by looking at other currencies as USD/JPY gained 0.43% and is now trading at 132.7. Having closed the previous session at 1.9842, GBP/NZD is up 0.38% today to currently trade at around 1.9918. GBP/JPY is up 0.36% to 164.75.
Furthermore, Euro Zone Retail Sales projected to come out at -0.8% — worse than previous data of 0.3%; data will be released tomorrow at 09:00 UTC. United States EIA Short-Term Energy Outlook will be released tomorrow at 16:00 UTC.
The currency pair has been trending positively for about a month. Having established significant support at 0.9596 approximately 6 months ago, the Euro's share price has bounced 13.65% higher.