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June 19, 2023Trading lower, EUR/GBP is currently down 10 pips as it ranges between 0.8518 and 0.8566 so far today.
In the meantime, negative performances are also seen in other pairs as NZD/USD is down to 0.6205, losing 32 pips, after closing at 0.6237 in the preceding trading session.
Though Euro-Pound has been dropping, other pairs have been performing better: USD/SGD soars 0.36% to trade around 1.3414. GBP/NZD is up 0.39% to 2.0643.
Furthermore, Germany Producer Price Index projected to come out at -0.7% — worse than previous data of 0.3%; data will be released tomorrow at 06:00 UTC. Euro Zone ECB's Enria speech set for tomorrow at 08:00 UTC. Euro Zone ECB McCaul speech scheduled to come out tomorrow at 11:45 UTC.
Trading mostly sideways for 4 months. As things stand, Euro-Pound is 12.81% away from a significant high of 0.9785, first set 8 months ago.
