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May 23, 2023EUR/CAD is down to 1.4594, after ending yesterday at 1.4596. Overall, a 0.01% loss or 2 pips today.
Germany Manufacturing PMI is next today at 07:30 UTC.
Positive performances can be seen by looking at other currencies as NZD/USD is up 0.15% to 0.63.
Mixed performances are seen by currencies as GBP/USD trades around 1.2444, with no major change. AUD/USD moves 0.13% to trade around 0.6661.
Some optimism can drawn from the fact that as things stand, upcoming Germany Business Climate Index data is projected to fall short of market expectations with newly published data of 93, following on from the preceding figure of 93.6. New data is set to be published tomorrow at 08:00 UTC.
Furthermore, Germany Manufacturing PMI figure is projected at 45. It previously stood at 44.5; data will be released today at 07:30 UTC. Euro Zone ECB President Lagarde speech set for tomorrow at 17:45 UTC.
Having set a peak of 1.5086 around 20 days ago, EUR/CAD is now trading 3.25% below this level.
