EUR/CAD News & Analysis

Recent EUR/CAD Forex News

Friday Position Review

Here's an overview of the current positions and a nice position that was, along with a slice of fundamentals.

PRO

The Anatomy of Three Trades

Three trades are in play and I go through each one of them in today's update.

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Lira in Collapse But....

The collapsing Turkish Lira shows no obvious signs of recovery except for thi...

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Update on the Majors and EURCAD Long

We're into the new week and here's where we stand.

PRO

EURCAD in Play

I continue to wait on the major pairs for a trade, though in the interim, EUR...

PRO

Exhausted Moves Exposed

We've see a lot of movement over the past 4 weeks and we could be getting clo...

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Dissecting the Dollar Short(s)

Here's an overview of the week that was and all of the trading around this US...

PRO

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Explore Currency Pairs

The Euro cross with the Canadian Dollar (EUR/CAD) currency pair is always an exciting pair to trade. More often than not this exchange rate is used when market participants are looking to trade a market tied to risk, without the US Dollar variable and without needing to be exposed to too much risk through emerging markets. In short, this is a market used to play the risk trade within the developed currency basket and perhaps in a less volatile way than playing the Euro against the Australian or New Zealand Dollar, which are more exposed to China.

While the Eurozone economy is the largest in the world amongst the developed markets and second largest in the world behind China, the Canadian economy is considerably smaller though still quite sophisticated. As far as the Canadian economy goes, it is mainly driven off exports of OIL and vehicles. So if you’re looking to make a play on risk but don't want too much volatility and don't want to be exposed to the US or China directly, and perhaps have a view on OIL, the EURCAD pair could be the way to go.