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"EUR/CAD" Exchange Rate News

EURO TO CANADIAN DOLLAR (EUR/CAD) EXCHANGE RATE NEWS

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Here we provide articles related to recent movements in the Euro to Canadian Dollar (EUR/CAD) exchange rate.

As the Canadian Dollar is a commodity correlated currency, the Euro to Canadian Dollar (EUR/CAD) exchange rate often fluctuates in response to movements in the price of Canada’s most lucrative asset, crude oil.

As the US is one of Canada’s main trading partners, developments in the world’s largest economy also tend to have an impact on the performance of the Canadian Dollar relative to other currencies.

Over the last ten years the Euro to Canadian Dollar (EUR/CAD) exchange rate has fluctuated between highs of 1.7211 and lows of 1.2155. The pairing’s lowest point of the last decade occurred in 2012 when fears Greece might be on the verge of expulsion from the Eurozone put the future of the whole currency bloc in doubt and weighed heavily on demand for the common currency.