| 
May 17, 2023EUR/USD is grinding lower from 1.0868 to 1.0833, shedding 35 pips (0.33%) today.
Euro-Dollar is currently trading at 1.0833 following the release of Building Permits (Apr) data from the United States.
Meanwhile, Euro Zone Consumer Price Index released today at 09:00 UTC with a figure of 7%, while the previous figure was 6.9%. United States Building Permits (Apr) came out at 1.42 million, while a consensus of analysts was expecting 1.44 million. Fresh 10-Year Bund Auction data from Germany came out at 2.31.
In the meantime, negative performances are seen in other pairs, EUR/NZD is down to 1.7282, losing 148 pips, after closing at 1.7431 in the preceding trading session. GBP/NZD is down to 1.9909, losing 111 pips, after closing at 2.0021 in the preceding trading session.
Positive performances can be seen by looking at other currencies as USD/CHF is up 0.52%.
Furthermore, Euro Zone ECB President Lagarde speech will be released tomorrow at 09:00 UTC. Euro Zone ECB's De Guindos speech set for today at 15:15 UTC. Germany Buba Mauderer speech is scheduled today at 17:00 UTC.
Having set a peak of 1.1073 around 14 days ago, the Euro is now trading 1.85% below this level.
