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June 19, 2023
Trading lower, EUR/CAD is currently down 23 pips as it ranges between 1.4405 and 1.4468 so far today.
In the meantime, negative performances are seen in other pairs, EUR/USD closed at 1.0928 (down 0.14%).
Positive performances can be seen by looking at other currencies as USD/SGD added 0.28% to its value, now trading at 1.3402.
In the meantime, USD/CHF moves 0.1% to trade around 0.8946.
Furthermore, projections for Germany Producer Price Index are set for a continuation of decline with -0.7% while previous data was 0.3%; data will be released tomorrow at 06:00 UTC. Canada RMPI (MoM) (May) is expected today at 12:30 UTC. Euro Zone ECB's Lane speech scheduled to come out today at 11:00 UTC.
EUR/CAD is now trading 4.3% away from its significant high of 1.5086 first tested a month ago.
