EUR/CAD — News Archive

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CAD Drops vs. USD, Supported vs. Other Majors by Employment

The Canadian dollar fell more than 1 percent against the US dollar after the release of US employment data. The loonie performed better against its other most-traded peers as the employment report from Canada itself was also good.

Loonie Struggles After Scotiabank Forecast

Canadian dollar has been struggling recently in Forex trading, and the latest forecast from Scotiabank isn’t helping matters. With predictions for a weak loonie through 2017, the currency is once again heading lower.

Loonie Continues to Fall as Money Flows Out of Canada

Canadian dollar is falling today after a relatively successful run last week. With the oil boom over for Canada, though, there is a lot of money flowing out of the country and the loonie is dropping as a result.

Crude Oil Prices Help Loonie Yet Again

The Canadian dollar gained against the US dollar and the Japanese yen, though it was unable to beat the euro. Analysts say that crude oil prices helped the currency yet again.

Loonie Continues to Fall in Tandem with Crude Oil

The Canadian dollar slumped on Tuesday as prices for crude oil continued to struggle. Economic data from Canada’s neighbor, the United States, also was not helping the currency much.

CAD Little Changed vs. USD Falls vs. Other Majors

The Canadian dollar was flat against its US counterpart on Monday and remained little changed during Tuesday’s trading. The loonie was falling against other majors, including the euro and the Japanese yen.

CAD Falls with Canadian Inflation

The Canadian dollar fell against its US peer today as Canada experienced deflation last month. The currency was little changed against the Japanese yen and gained on the very soft euro.

Canadian Dollar Demonstrates Strong Gains, Ignoring Domestic Data

The Canadian dollar demonstrated big gains against its major rivals today, even against the very strong US currency. The loonie managed to rally even though domestic macroeconomic data was not particularly good.

CAD Lower After BoC Policy Meeting

The Canadian dollar tumbled today following the monetary policy meeting of Canada’s central bank. Falling prices for crude oil also contributed to the decline of the currency.

Canadian Dollar Suffers Together with Commodities

The Canadian dollar slumped today as China’s not-so-good macroeconomic data dragged prices for raw materials down, hurting commodity-linked currencies along with them.

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