After closing the previous trading day at 1.0634, EUR/USD is up to 1.0641, which makes for a move of 0.06%/6 pips today.
Germany Manufacturing PMI is next today at 08:30 UTC.
At the same time, Euro Zone Interest Rate came out at 2.5, while a consensus of analysts was expecting 2.5. Euro Zone Deposit Facility Rate (Dec) released yesterday at 13:15 UTC with a figure of two, while the previous figure was 1.5. Euro Zone ECB Marginal Lending Facility came out at 2.75, while a consensus of analysts was expecting 2.75.
A look at other currencies also shows bullish price action as GBP/USD added 0.13% to its value, now trading at 1.2198.
Other currencies are showing mixed performance as GBP/JPY trades close to 167.91, with no major change. NZD/USD moves 0.1% to trade around 0.6352.
Furthermore, the market is looking at Euro Zone Consumer Price Index is expected today at 10:00 UTC. Euro Zone Consumer Price Index figure is projected at -0.1%. It previously stood at 1.5%; data will be released today at 10:00 UTC. Euro Zone Trade Balance (Oct) scheduled to come out today at 10:00 UTC.
After setting a supportive marker at 0.9596 around 2 months ago, the Euro is now trading 10.81% higher.