EUR/USD goes up to 1.0085 after dipping down to 0.9972 earlier.
The Euro is currently trading at 1.0085 following the release of EIA Short-Term Energy Outlook data from the United States.
Meanwhile, new Retail Sales data from Euro Zone matched market expectations with a reading of 0.4% — a positive step in contrast to previous data of 0% from last month. France Non-Farm Payrolls (QoQ) (Q3) released today at 07:45 UTC with a figure of 0.4, while the previous figure was 0.5. France Non-Farm Payrolls (QoQ) (Q2) came out at 0.4, while a consensus of analysts was expecting 0.4.
Elsewhere, other currency pairs are also gaining ground as GBP/USD rises 0.52% to trade around 1.1578.
While the Euro is up today, these currencies are lagging behind: USD/CAD is down 88 pips from the beginning of the session and now trades around 1.3405. USD/JPY closed at 145.58 (down 0.7%).
Furthermore, the market is looking at Euro Zone European Central Bank Non-monetary Policy Meeting is expected tomorrow at 08:00 UTC. Euro Zone ECB’s Elderson speech set for tomorrow at 10:00 UTC. Germany 10-Year Bund Auction will be released tomorrow at 10:30 UTC.
As things stand, the Euro is 4.39% away from a significant low of 0.9596 first set a month ago.