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June 16, 2023Sterling-Canadian dollar trades at 1.691 after gaining 9 pips (0.07%).
At the same time, Canada Wholesale Sales (MoM) (Apr) came out at -1.4, while a consensus of analysts was expecting 1.6. Canada Foreign Securities Purchases (Apr) released today at 12:30 UTC with a figure of 13.52 billion, while the previous figure was -19.72 billion. Canada Manufacturing Sales (MoM) (Apr) came out at 0.3, while a consensus of analysts was expecting -0.2.
Elsewhere, other currency pairs are also gaining ground as GBP/JPY added 1.51% to its value, now trading at 182. USD/JPY gained 1.14% and is currently trading at 141.86. EUR/JPY is up 1.1%.
The market is looking forward to the release of new data: United Kingdom CFTC GBP speculative net positions will be released today at 20:30 UTC.
Having set a significant low of 1.4665 8 months ago, Sterling-Canadian dollar is trading 15.23% higher.
