A quick look at Friday: EUR/CAD dipped as low as 1.4349 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session (1.4412) with EUR/CAD closing the day at 1.4363.
EUR/CAD's value drop coincided with the fact that AUD/USD is down to 0.6678, losing 82 pips, after ending the previous session around 0.676. EUR/USD is down to 1.0896, losing 62 pips, after ending the previous session around 1.0959.
Positive performances can be seen by looking at other currencies as USD/SGD is trading around 1.3524 after ending Friday's session at 1.3445 (up 0.59% today).
Furthermore, Germany Current Assessment (Jun) is scheduled for tomorrow at 08:00 UTC. As things stand, upcoming Germany Business Climate Index data is projected to fall short of market expectations with newly published data of 90.7, following on from the preceding figure of 91.7. New data is set to be published tomorrow at 08:00 UTC. Tomorrow at 08:00 UTC data for Germany Business Expectations will be released, with an expected decline to 88.3 from the preceding figure of 88.6.
As things stand, EUR/CAD is 4.51% away from a significant high of 1.5086, first set a month ago.