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May 14, 2023Friday at a glance: EUR/CAD recovered from the previous trading session's losses and went up to 1.4709 Friday after it traded lower at 1.4672.
Other currencies showed mixed performance as a flat day for USD/JPY, closing at 135.85. A flat day for EUR/JPY, closing at 147.42. GBP/JPY moves 0.06% Friday and closed at 169.
Also worthy of note, as things stand, upcoming Euro Zone Industrial Production data is projected to fall short of market expectations with newly published data of -2.5%, following on from the preceding figure of 1.5%. New data is set to be published tomorrow at 09:00 UTC. Canada Wholesale Sales (MoM) (Mar) will be released tomorrow at 12:30 UTC. Canada Housing Starts (Apr) is scheduled for tomorrow at 12:15 UTC.
EUR/CAD is now trading 2.58% away from its significant high of 1.5086 first tested 11 days ago.
