EUR/CAD adds 0.52% within 1.4659 – 1.4554 daily range

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 drops 1.33% Friday and closed at 133.59. USD/SGD lost 0.44% Friday and closed at 1.3456. After ending Friday's session at 1.7137, EUR/NZD lost 127 pips and is trading around 1.7009.

Elsewhere, 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) is scheduled for 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.