0.52% boost for EUR/CAD currency pair so far today

A quick look at Friday: EUR/CAD goes up 0.52% to close at 1.4638 Friday.

While EUR/CAD is up today, these currencies are lagging behind: USD/JPY is down to 131.8, losing 178 pips, after ending the previous session around 133.59. USD/SGD is down to 1.3397, losing 59 pips, after ending the previous session around 1.3456. EUR/NZD is down to 1.7009, losing 127 pips, after ending the previous session around 1.7137.

Furthermore, the market is looking at tomorrow at 07:00 UTC data for Germany Producer Price Index will be released, with an expected decline to -1.6% from the preceding figure of -1%. Euro Zone Trade Balance (Jan) will be released tomorrow at 10:00 UTC.

The currency pair has been trending positively for about a month. Having set a peak of 1.4778 around 7 days ago, EUR/CAD is now trading 1.46% below this level.