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April 10, 2023Sterling-Canadian dollar spiked to 1.6792 before dropping back to its pre-spike levels and is now heading towards the close around 1.6727.
Meanwhile, United Kingdom BRC Retail Sales Monitor (YoY) (Mar) came out at 4.9, while a consensus of analysts was expecting 4.2.
Other currencies are showing mixed performance as EUR/JPY trades around 145.13, with no major change. GBP/JPY moves 0.06% to trade around 165.42.
Elsewhere, United Kingdom Mortgage Rate (GBP) will be released tomorrow at 10:00 UTC.
The currency pair has been trending positively for about a month. As things stand, Sterling-Canadian dollar is 0.51% away from a significant high of 1.6807, first set 6 days ago.
