EUR/CAD currency pair adds 75 pips or 0.52%

Published: March 19 2023, 14:56 GMT+0

EUR/CAD currency pair adds 75 pips or 0.52%

Friday at a glance: EUR/CAD rises 0.52% to close at 1.4638 Friday.

At the same time, USD/JPY drops 1.33% Friday and closed at 133.59. USD/SGD is down to 1.3397, losing 59 pips, after ending the previous session around 1.3456. After ending Friday's session at 1.7137, EUR/NZD lost 127 pips and is trading around 1.7009.

Furthermore, the market is looking at Germany Producer Price Index projected to come out at -1.6% — worse than previous data of -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) is expected tomorrow at 10:00 UTC.

The currency pair has been trending positively for about a month. As things stand, EUR/CAD is 1.46% away from a significant high of 1.4778, first set 7 days ago.