Canada Apr Participation rate falls to 66.5% vs 66.6% (Mar)

The EUR/CAD has experienced a robust bounce off the back end of Canadian economic data that was generally mixed. Previously, the cross was rapidly falling to the 1.3079 level (intraday low), before sharply turning higher and breaking into positive territory. With its losses subsequently pared, the EUR/CAD is now negotiating an exchange of 1.3142/43, experiencing a modest advance of +0.07%.