While yesterday ended at 1.074, today, EUR/USD rallied above 1.075 for the first time in 7 months and gained 2 pips — now trading at 1.0742.
Meanwhile, United States API Weekly Crude Oil Stock came out at 14.87 million, while a consensus of analysts was expecting -2.38 million. United States 3-Year Note Auction released yesterday at 18:00 UTC with a figure of 3.977, while the previous figure was 4.093.
Other currencies are also rising as having closed the previous session at 160.58, GBP/JPY is up 0.15% today to currently trade at around 160.83.
Meanwhile, EUR/AUD is down to 1.5535, losing 34 pips, after closing at 1.557 in the preceding trading session. After ending yesterday's session at 1.3316, USD/SGD lost 16 pips and is trading around 1.33.
Positive indicators for Euro-Dollar are expected going forward as United States Crude Oil Inventories projected to come out at -2.24 million — worse than previous data of 1.69 million; data will be released today at 15:30 UTC.
Elsewhere, Euro Zone ECB Economic Bulletin is expected tomorrow at 05:00 UTC. Germany 10-Year Bund Auction will be released today at 10:30 UTC. United States Core Consumer Prices is expected tomorrow at 13:30 UTC.
The past 3 months have been positive for Euro-Dollar as it added 10.65% compared to its 3-month low of 0.9596.