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June 09, 2023GBP/CAD posts light gains on a low-volatility day, ranging between 1.661 – 1.6802 and is now at 1.6779.
Elsewhere, other currency pairs are also gaining ground as USD/JPY added 0.27% to its value, now trading at 139.27. Having closed the previous session at 149.76, EUR/JPY is up 0.24% today to currently trade at around 150.12. GBP/JPY ascends 0.24% to trade around 174.83.
Also worthy of note, today at 12:30 UTC data for Canada Employment Change will be released, with an expected decline to 23,200 from the preceding figure of 41,400.
Furthermore, the market is looking at today at 12:30 UTC data for Canada Unemployment Rate will be released, with an expected decline to 5.1 from the preceding figure of five. United Kingdom CFTC GBP speculative net positions is expected today at 20:30 UTC.
Trading mostly sideways for a month. Having set a peak of 1.7121 around a month ago, Sterling-Canadian dollar is now trading 2.02% below this level.
