After three days of going down, EUR/CAD is flat today, hovering around 1.4383

EUR/CAD weakened earlier in the day, before moving away from its 1.4324 low and recovering back to 1.4383.

Meanwhile, Canada Current Account (Q4) came out at -10.6 billion, while a consensus of analysts was expecting -11 billion.

In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 1.0609, EUR/USD lost 13 pips and is trading around 1.0595.

Mixed performances are seen by currencies as USD/SGD moves 0.08% to trade around 1.3476. EUR/JPY trades around 144.32, with no major change.

In addition, Germany Unemployment Change projected to come out at 9,000 — worse than previous data of -15,000; data will be released tomorrow at 08:55 UTC.

Furthermore, Germany Consumer Price Index figure is projected at 8.5%. It previously stood at 8.7%; data will be released tomorrow at 12:00 UTC. Canada GDP is expected today at 13:30 UTC.

As things stand, EUR/CAD is 11.63% away from a significant low of 1.2895 first set 6 months ago.