EUR/CADEURCAD
1.53167+0.0117 (0.77%)
Instrument:
Forex
Forex
Forex
Binary
Market open
Trading Hours and Conditions
Buy price
1.53182
Sell price
1.53152
Buy price
1.53182
Sell price
1.53152
1D
1W
1M
YTD
1Y
3Y
5Y
+1.85%
1Y change
Date
Price
Day low/high
1.53
1.53
52 week low/high
1.43
1.60

EUR/CAD EURCAD Forex

EUR/CAD is an exchange rate that specifies how many CAD (Canadian Dollar) can be converted into one EUR (Euro), therefore the base currency is EUR and the price currency is CAD. If this rate declines, it means that CAD appreciates relative to EUR and if this rate increases it means that the CAD depreciates against the EUR. There are many macroeconomic factors/events (fundamentals) that affect EUR/CAD exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. From the period since 2015 the exchange rate reached the lowest value of 1.39 in February of 2017 and the highest of 1.51 in December of 2015. Regarding the trade relationship between Eurozone and Canada, the latter imports 0.98% of Eurozone's total exports, whereas Eurozone imports 8.5% of Canada's total exports. The largest component of Eurozone's exports are machinery, nuclear reactor, boiler products and vehicles whereas Canada's largest export components are vehicles and oil products. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.

Price Performance

7D
0.09%
1M
1.20%
YTD
5.07%
1Y
1.85%
5Y
9.40%
Time
Currency
Impact
Event
Actual
Forecast
Previous
Data
Friday,
May 29, 2020
06:00
EUR
EUR
Retail Sales MoM
-5.3%
-12%
-4.0%
A:
-5.3%
F:
-12%
P:
-4.0%
06:00
EUR
EUR
Retail Sales YoY
-6.5%
-14.3%
-1.2%
A:
-6.5%
F:
-14.3%
P:
-1.2%
06:45
EUR
EUR
Inflation Rate YoY Prel
0.2%
0.3%
0.3%
A:
0.2%
F:
0.3%
P:
0.3%
06:45
EUR
EUR
GDP Growth Rate QoQ Final
-5.3%
-5.8%
-0.1%
A:
-5.3%
F:
-5.8%
P:
-0.1%

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Risk Warning
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