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May 06, 2023Yesterday at a glance: EUR/CAD slid into the red after losing 169 pips and ending the session at 1.4737.
On the flip side, Canada Employment Change improved upon its previous reading of 34,700 with a new data release of 41,400.
Meanwhile, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,500, while the previous figure was 169,400. Canada Unemployment Rate beats expectations of 5.1 with new data release of five, marks no change over previous data of five.
EUR/CAD's value drop coincided with the fact that after ending yesterday's session at 1.354, USD/CAD lost 164 pips and is trading around 1.3375. GBP/CAD is down to 1.6894, losing 125 pips, after ending the previous session around 1.702.
Positive performances can be seen by looking at other currencies as GBP/JPY is trading around 170.32 after ending yesterday's session at 168.71 (up 0.95% today).
Having set a peak of 1.5086 around 3 days ago, EUR/CAD is now trading 1.19% below this level.
