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June 21, 2023After dipping down to 1.4415, EUR/CAD regains earlier losses and reaches 1.4456.
Meanwhile, Germany Producer Price Index published yesterday at 06:00 UTC came out at -1.4%, falling short of the -0.7% projections and continuing its decline from the previous 0.3% figure.
Elsewhere, other currency pairs are also gaining ground as EUR/GBP gained 0.49% and is now trading at 0.8595. Having closed the previous session at 141.37, USD/JPY is up 0.44% today to currently trade at around 142. EUR/JPY is up 0.46%.
Also worthy of note, Canada Core Retail Sales is projected to outperform its last figure with 0.4%. It previously stood at -0.3%; data will be released today at 12:30 UTC. Canada Retail Sales is projected to outperform its last figure with 0.2%. It previously stood at -1.4%; data will be released today at 12:30 UTC. Canada New Housing Price Index (MoM) (May) is scheduled for today at 12:30 UTC.
Having set a peak of 1.5086 around a month ago, EUR/CAD is now trading 4.23% below this level.
