Forex: EUR/USD ascends to 1.3226

on Jun 10, 2013

09:30 BST today saw release of the Sentix Eurozone Investor Confidence Index for June. The index, a composite of 36 different indicators, improved less than expected to -11.6 in June from -15.6 in May.

Also earlier today, the Italian National Institute of Statistics released Industrial Output for April annualised, showing a reduction of -4.6 percent compared to -5.3 percent in March and worse than analyst estimates of -3.6 percent.
French industrial production rose 2.2 percent on a monthly basis in April, after a-0.6 percent decline in March.
So far today, the US dollar is broadly higher against the other majors after Friday’s positive US employment data.
The EUR/USD is slightly bullish at the moment, currently up 0.20 percent on the day.

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