| 
April 23, 2023Thursday ended at 1.4779; during Friday's session EUR/CAD rallied above 1.4884 for the first time in 1 year, gaining 90 pips and closing at 1.4869.
Elsewhere, other currency pairs are also gaining ground as EUR/NZD leaps up 0.81% Friday and closed at 1.7752. GBP/NZD is trading around 2.0241 after ending Friday's session at 2.0122 (up 0.59% today). EUR/AUD is trading around 1.6403 after ending Friday's session at 1.6265 (up 0.85% today).
Also worthy of note, Germany Business Climate Index is projected to outperform its last figure with 94. It previously stood at 93.3; data will be released tomorrow at 08:00 UTC.
Furthermore, the market is looking at Germany Current Assessment (Apr) will be released tomorrow at 08:00 UTC. Germany Business Expectations is projected to outperform its last figure with 91.5. It previously stood at 91.2; data will be released tomorrow at 08:00 UTC. Euro Zone ECB's Panetta speech scheduled to come out tomorrow at 09:00 UTC.
The currency pair has been trending positively for about 2 months. Having established significant support at 1.2895 approximately 7 months ago, EUR/CAD's share price has bounced 14.61% higher.
