EUR/CAD lost 0.19% yesterday, ending at 1.46

Published: May 27 2023, 06:41 GMT+0

EUR/CAD lost 0.19% yesterday, ending at 1.46

A quick look at yesterday: down on the day: EUR/CAD closed at 1.46 after ranging between 1.4585 and 1.4649.

Amid the market gloom, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. Fresh Wholesale Sales (MoM) data from Canada came out at 1.6. France Jobseekers Total released yesterday at 10:00 UTC is better than expected at 2.80 million but down from preceding data of 2.79 million according to new data.

Though EUR/CAD has been dropping, other pairs have been performing better: GBP/NZD is trading around 2.0417 after ending yesterday's session at 2.0311 (up 0.52% today). GBP/JPY is trading around 173.63 after ending yesterday's session at 172.53 (up 0.64% today). EUR/JPY is trading around 150.87 after ending yesterday's session at 150.22 (up 0.43% today).

Having set a peak of 1.5086 around 24 days ago, EUR/CAD is now trading 3.04% below this level.

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