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March 17, 2023
After closing the previous trading day at 1.4563, EUR/CAD is up to 1.4625, which makes for a move of 0.43%/62 pips today.
EUR/CAD is currently trading at 1.4625 following the release of Consumer Price Index data from the Euro Zone.
At the same time, USD/JPY is down 147 pips from the beginning of the session and now trades around 132.11. EUR/JPY closed at 140.55 (down 0.86%). EUR/NZD is trading around 1.7008 (down 128 pips).
Also worthy of note, Euro Zone CFTC EUR speculative net positions scheduled to come out today at 20:30 UTC.
The currency pair has been trending positively for about a month. Having set a peak of 1.4778 around 5 days ago, EUR/CAD is now trading 1.46% below this level.
