Struggling to find upward momentum, EUR/USD has shed 5 pips to currently trade at 0.9835 as it ranges between 0.9813 and 0.9874 so far today.
Euro-Dollar is currently trading at 0.9835 following the release of ZEW Economic Sentiment Index data from the Germany.
Meanwhile, Germany ZEW Economic Sentiment Index released today at 09:00 UTC with a figure of -59.2, while the previous figure was -61.9. Germany ZEW Current Conditions (Oct) came out at -72.2, while a consensus of analysts was expecting -68. Italy Consumer Price Index released yesterday at 08:00 UTC with a figure of 0.3%, while the previous figure was 0.8%.
In the meantime, negative performances are seen in other pairs, GBP/NZD closed at 1.992 (down 1.54%). EUR/NZD is down 208 pips from the beginning of the session and now trades around 1.7321.
Though the Euro has been dropping, other pairs have been performing better: NZD/USD is up 1.13%.
Furthermore, Euro Zone Consumer Price Index is expected tomorrow at 09:00 UTC. Euro Zone Consumer Price Index is expected tomorrow at 09:00 UTC. Euro Zone Core Consumer Prices is expected tomorrow at 09:00 UTC.
Having set a significant high of 1.1681 21 days ago, Euro-Dollar is trading 2.54% lower.