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June 29, 2023Currently trading at 1.4486, EUR/CAD remains range-bound between 1.4324 and 1.4518.
Germany Consumer Price Index is next today at 12:00 UTC.
Meanwhile, Spain Consumer Price Index released today at 07:00 UTC with a figure of 1.9%, while the previous figure was 3.2%. Spain HICP (YoY) (Jun) came out at 1.6, while a consensus of analysts was expecting 1.5. Italy Consumer Price Index came out at 0%.
A look at other currencies also shows bullish price action as AUD/USD increases 0.4% to trade around 0.6629. GBP/CAD is up 0.25% to 1.6784.
Meanwhile, EUR/AUD is trading around 1.6484 (down 46 pips).
Also worthy of note, Germany Consumer Price Index figure is projected at 0.2%. It previously stood at -0.1%; data will be released today at 12:00 UTC. France HICP (MoM) is expected tomorrow at 06:45 UTC. France Consumer Spending is projected to outperform its last figure with 0.6%. It previously stood at -1%; data will be released tomorrow at 06:45 UTC.
EUR/CAD is now trading 4.15% away from its significant high of 1.5086 first tested a month ago.
