EURCAD chart

EURCAD chart by TradingView

EUR/CAD

The Euro / Canadian Dollar denotes how many Canadian Dollars are needed to purchase one Euro. Crude oil is one of Canada's largest exports and as such, tends to be sensitive to fluctuations in crude oil prices and global growth expectations. The Eurozone is the largest monetary union in the world and one of the most popularly traded currencies in FX. Throughout history there have been numerous times the euro has been used as a funding currency during times of global economic uncertainty. The EUR/CAD typically has a slightly higher average true range than the majors, offering more opportunities to intra-day traders & swing traders alike.


News


Euro Forecast: Deteriorating Fundamentals Continue to Weigh on Price

The Euro continues to slide alongside deteriorating inflation expectations, which just hit their lowest level in more than two years this past week. Upcoming survey figures don’t look that optimistic.
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Euro Forecast: Revisions to GDP Data to Underscore Weakening Environment


CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY


Euro Forecast: Quieter Economic Calendar Pushes Euro to Background


Euro Forecast: Q4 GDP and January CPI to Underscore ECB’s Concerns


Real Time News


Analyst Picks

Daniel Dubrovsky

Daniel Dubrovsky Junior Analyst

My Picks: Pending Short EUR/CAD
Expertise:  Event-driven macro and classic technical analysis
Average Time Frame of Trades: A few days to a few weeks

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Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous