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June 03, 2023EUR/CAD dropped 91 pips to 1.4366, reaching its lowest point in 3 months.
Meanwhile, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 165,700, while the previous figure was 173,700. Spain Unemployment Change beat the -40,100 projections, with -49,300.
EUR/CAD's value drop coincided with the fact that EUR/AUD falls 1% yesterday and closed at 1.637. GBP/CAD drops 0.74% yesterday and closed at 1.6841.
Positive performances can be seen by looking at other currencies as USD/JPY went up by 0.84% yesterday, and closed at 139.97.
The currency pair has been trending lower for about 30 days. As things stand, EUR/CAD is 4.09% away from a significant high of 1.5086, first set a month ago.
