“EUR/CAD Retreats from Intraday Highs as Canadian Inflation Data Looms Ahead”
The EUR/CAD pair: Analysis and Outlook Intraday Volatility The EUR/CAD pair experienced significant intraday volatility during Tuesday’s European session, ultimately giving up most of its gains after failing to break above the key resistance level of 1.5050. This reversal follows a four-day upward trend, signaling a possible shift in market sentiment. Economic Implications Despite this…