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Trading The EUR/CAD (Euro/Canadian dollar)

The EUR/CAD (Euro/Canadian dollar) is the relation of the Euro against the Canadian dollar. The EUR/CAD cross currency gives one the possibility to convert Euro’s directly into Canadian dollar’s (1 EUR per x CAD).

Forex Knowledge: Trading the Euro/New Zealand dollar

  • Typical broker spread: 3-9 pips
  • Most active trading sessions: Euro and US session / EUR & CAD economic events
  • Most active trading hours: 6:00 GMT -17:30 GMT
  • Average daily range (high-low): 203 pips
  • Trading strategies to trade EUR/CAD: Click here
  • Recommended level of trading experience: Expert
  • Value of one pip EUR/CAD: Variable





Economic Events That Move EUR/CAD

A. EURO-ZONE

Trade Balance (Euro Zone)
Gross Domestic Product (Euro Zone)
Consumer Price Index (CPI) (Euro Zone)
ZEW Survey (Euro Zone)
ECB Rate Announcement and Press Conference
Current Account (Germany)
Trade Balance (Germany)

B. CANADA

International Merchandise Trade
Gross Domestic Product Quarterly (GDP)
Ivey Purchasing Managers Index (PMI)
Leading Indicators
Consumer Price Index (CPI)
Retail Sales
Bank of Canada Rate Decision
Bank of Canada Governor Speaks
Net Change in Employment

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