Weak sentiment sees EUR/CAD posting 0.19% loss

Yesterday at a glance: bearish sentiment ensured EUR/CAD finished yesterday's session lower. However, despite the downward bias, EUR/CAD etched out a distinct 1.4585 to 1.4649 session range.

While price action maintains a negative bias, 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. Canada Wholesale Sales (MoM) released yesterday at 12:30 UTC with a figure of 1.6, while the previous figure was -0.1. Data from France concerning Jobseekers Total was released yesterday at 10:00 UTC. Newly published figures emphasized continued decline from last month's figure of 2.79 million to 2.80 million this month.

Positive performances can be seen by looking at other currencies as GBP/NZD is trading around 2.0417 after ending yesterday's session at 2.0311 (up 0.52% today). GBP/JPY rallies 0.64% yesterday and closed at 172.53. USD/JPY is trading around 140.62 after ending yesterday's session at 140.05 (up 0.41% today).

EUR/CAD is now trading 3.04% away from its significant high of 1.5086 first tested 24 days ago.