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June 12, 2023Currently trading at 1.4344, EUR/CAD remains range-bound between 1.4316 and 1.4415.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 0.9027, USD/CHF is up 0.16% today to currently trade at around 0.9042. GBP/NZD gained 0.16% and is currently trading at 2.0541.
Other currencies are showing mixed performance as USD/JPY moves 0.09% to trade around 139.48.
Furthermore, the market is looking at Germany ZEW Economic Sentiment Index is expected tomorrow at 09:00 UTC. Germany Consumer Price Index figure is projected at -0.1%. It previously stood at -0.1%; data will be released tomorrow at 06:00 UTC. Germany ZEW Current Conditions (Jun) will be released tomorrow at 09:00 UTC.
The currency pair has been trending lower for about a month. Having set a peak of 1.5086 around a month ago, EUR/CAD is now trading 4.97% below this level.
