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June 23, 2023After a mostly steady day, EUR/CAD loses 71 pips late into the session, trading at 1.4335.
EUR/CAD is currently trading at 1.4335 following the release of Manufacturing PMI data from the Germany.
Amid the market gloom, Euro Zone Composite PMI released today at 08:00 UTC with a figure of 50.3, while the previous figure was 52.8. France Services PMI came out at 48, while a consensus of analysts was expecting 52. France Manufacturing PMI released today at 07:15 UTC with a figure of 45.5, while the previous figure was 45.7.
Furthermore, Canada Wholesale Sales (MoM) scheduled to come out today at 12:30 UTC. Euro Zone CFTC EUR speculative net positions will be released today at 20:30 UTC. Canada Manufacturing Sales (MoM) is scheduled for today at 12:30 UTC.
As things stand, EUR/CAD is 4.51% away from a significant high of 1.5086, first set a month ago.
