| 
June 04, 2023EUR/CAD dropped 98 pips to 1.4366, reaching its lowest point in 3 months.
EUR/CAD's value drop coincided with the fact that EUR/AUD drops 1.09% Friday and closed at 1.637. GBP/CAD falls 0.77% Friday and closed at 1.6841.
Though EUR/CAD has been dropping, other pairs have been performing better: notably, USD/JPY rose 0.84% Friday and closed at 138.8.
Furthermore, Germany Trade Balance (Apr) is scheduled for tomorrow at 06:00 UTC. Germany Services PMI is expected tomorrow at 07:55 UTC. Euro Zone Composite PMI figure is projected at 53.3. It previously stood at 54.1; data will be released tomorrow at 08:00 UTC. Germany Buba President Nagel speech is expected tomorrow at 14:00 UTC.
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.
