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May 22, 2023After closing the previous trading day at 1.4581, EUR/CAD is up to 1.4597, which makes for a move of 0.1%/15 pips today.
Other currencies are also rising as having closed the previous session at 1.2445, GBP/USD is up 0.1% today to currently trade at around 1.2458.
Other currencies are showing mixed performance as EUR/USD trades close to 1.0818, with no major change. NZD/USD trades with no major change, around 0.6283.
Furthermore, the market is looking at Germany Manufacturing PMI figure is projected at 45. It previously stood at 44.5; data will be released tomorrow at 07:30 UTC. Euro Zone Composite PMI figure is projected at 53.7. It previously stood at 54.1; data will be released tomorrow at 08:00 UTC. France Services PMI figure is projected at 54.2. It previously stood at 54.6; data will be released tomorrow at 07:15 UTC.
As things stand, EUR/CAD is 3.35% away from a significant high of 1.5086, first set 19 days ago.
