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