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July 02, 2023A quick look at Friday: with a daily low of 1.4364, EUR/CAD closed Friday at 1.4456, after ending Thursday at 1.4395 and gaining 60 pips (0.42%).
Other currencies are also rising as NZD/USD went up by 1.14% Friday, and closed at 0.6138. GBP/USD rallies 0.69% Friday and closed at 1.261.
While EUR/CAD is up today, these currencies are lagging behind: EUR/NZD is down to 1.7776, losing 123 pips, after ending the previous session around 1.79.
Furthermore, the market is looking at Spain Manufacturing PMI figure is projected at 48. It previously stood at 48.4; data will be released tomorrow at 07:15 UTC. Germany Buba President Nagel speech will be released tomorrow at 12:00 UTC.
Having set a peak of 1.5086 around a month ago, EUR/CAD is now trading 4.58% below this level.
