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: After ECB Holds, Italy to Come Back into Focus for Euro

The ECB is sticking to its preset policy course, but with Italy back in the news, any goodwill injected into the Euro from the recent policy decision will likely be neutralized.
Continue Reading


Euro Forecast: ECB Meeting Eyed, Even if Policy is on Preset Course


Euro Forecast: New Month, Old Concerns for the Euro


Euro Forecast: Euro to Continue Ignoring Calendar, Including Upcoming CPI


Euro Forecast: Euro to Remain Under Fire as Attention Stays on Turkey


Real Time News



Advertisement

Pivot Points data provided by IG

Get Your Free Top Trading Opportunities Forecast

Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from Daily FX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

Your forecast is headed to your inbox

DailyFX.com – the news, research and analysis website provided by IG – is one of the world's leading sources for news and analysis across currencies, commodities and indices.

Discover our extensive calendar of free educational webinars and test your trading skills, risk-free, with an IG demo account.

Read more articles on DailyFX

An error occurred submitting your form.
Please try again later.

Advertisement

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous