EUR/CAD inches up to 1.3375 (a 0% gain) after closing the previous session at zero .
Trading week at a glance - EUR/CAD is up to 1.3375, after closing yesterday at zero. Overall, a 0% move or 13,375 pips this week. (Trade EUR/CAD with FXTM now).
This move comes while some more positive signs for EUR/CAD are out as Canada GDP beats expectations of -0.1% with new data release of 0.1%, marks no change over previous data of 0.1%. Germany Business Climate Index published Monday came out at 84.3, falling short of the 87 projections and continuing its decline from the previous 88.6 figure.
On the flip side, highly important Core Retail Sales data from Canada beat analyst expectations of -1.2% with a reading of -3.1%.
Meanwhile, Germany Consumer Price Index came out at 10%, while a consensus of analysts was expecting 9.4%. Canada GDP data released today at 12:30 UTC showed continuing decline to 4.3% from a previous figure of 4.56%.
Also worthy of note, Germany Unemployment Change is projected to outperform its last figure with 20,000. It previously stood at 28,000; data will be released tomorrow at 07:55 UTC.
Also worthy of note, Euro Zone Consumer Price Index figure is projected at 9.7%. It previously stood at 9.1%; data will be released tomorrow at 09:00 UTC. Canada Ivey PMI (Sep) scheduled to come out Thursday.