After hitting its highest point in 5 months and a half at 1.05, EUR/USD dropped by 156 pips and is now trading at 1.0343.
Euro-Dollar is currently trading at 1.0343 following the release of ECB President Lagarde speech data from the Euro Zone.
Amid the market gloom, Euro Zone CFTC EUR speculative net positions released today at 19:30 UTC with a figure of 123,100, while the previous figure was 112,700. United States CFTC Crude Oil speculative net positions released today at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300. United States CFTC Gold speculative net positions released today at 19:30 UTC with a figure of 116,100, while the previous figure was 126,300.
In the meantime, negative performances are seen in other pairs, AUD/USD closed at 0.6653 (down 1.48%). GBP/JPY is trading around 166.04 (down 223 pips). GBP/USD is trading around 1.1955 (down 135 pips).
Furthermore, Germany Consumer Price Index figure is projected at 10.3%. It previously stood at 10.4%; data will be released tomorrow at 13:00 UTC. Germany Consumer Price Index is expected tomorrow at 13:00 UTC. Euro Zone ECB's De Guindos speech will be released tomorrow at 08:10 UTC. Spain Consumer Price Index is expected tomorrow at 08:00 UTC.
The Euro is now trading 8.42% away from its significant low of 0.9596 first tested 2 months ago.