According to Jeremie Peloso, Chief Europe Strategist at financial advisory firm BCA Research, the euro is in the early stages of a multi-year bull market that could eventually take EUR/USD to 1.40.
Yesterday at 9:44 AM
EURCAD
Euro / Canadian dollar
1.59302
CAD
+0.00226
·
0.14%
Prev. Close
Open
1.59172
1.59076
Day’s Range
1-Year Range
1.59022 - 1.59349
1.44828 - 1.61077
Day’s volatility
1-Year Change
0.21%
+6.85%
Indicators
Chart
News EURCAD
Germany’s declining competitiveness makes exporters lose ground — Bundesbank
According to the Bundesbank’s report, German exporters have lost much of their global market share since 2021, primarily due to the country's declining competitiveness. A key driver behind the sharp drop in German exports between 2021 and 2023 was worsening supply-side conditions.
Yesterday at 7:55 AM
Five senior European Central Bank officials said that the US President's threat to impose 30% tariffs on European imports complicates the regulator's decision-making process. However, they said this is unlikely to derail plans to pause rate cuts next week.
Yesterday at 6:19 AM
EU plans to boost cooperation with other nations to counter US import tariffs
The European Union (EU) plans to strengthen cooperation with other countries affected by US President Donald Trump's import tariffs, following new trade threats against the bloc and America's other trading partners, Bloomberg reports.
14 July
Canada's inflation accelerated in June amid tariff disputes with US — BNN Bloomberg poll
According to a survey of experts conducted by BNN Bloomberg, inflation in Canada is expected to rise to 1.8–2.0% in July. This is due to increasing prices of goods subject to tariffs imposed by the US.
14 July
Event announcement EURCAD
The CAD publication has been released
CPI (MoM)
New value
0.1%
Price
-0.00484 (17h. 22m.)
Opposite
Direction
Down
The EUR publication is expected
Trade Balance
Current value
9.9B
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Eniwetok, Kwajalein
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Midway Island, Samoa
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Hawaii, Tahiti
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GMT -10
Alaska, Adak
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GMT -09
Anchorage
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GMT -08
Los Angeles, Vancouver
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GMT -07
Denver
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GMT -06
Mexico City, Bogotá, Lima
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GMT -05
New York, Puerto Rico
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GMT -04
Buenos Aires, Montevideo
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GMT -03
São Paulo
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GMT -02
Azores
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GMT -01
Reykjavik
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GMT +00
London
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GMT +01
Kaliningrad, Paris
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GMT +02
Moscow, St. Petersburg
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GMT +03
Abu Dhabi, Tbilisi
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GMT +04
Yekaterinburg, Tashkent
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GMT +05
Almaty, Dhaka, Omsk
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GMT +06
Bangkok, Jakarta
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GMT +07
Beijing, Hong Kong
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GMT +08
Tokyo, Seoul
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GMT +09
Vladivostok, Brisbane
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GMT +10
Magadan
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GMT +11
Auckland, Wellington
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GMT +12
EURCAD economy
European Union
Canada
Central Bank interest rate
2.15%
Change:
-0.25%
2.75%
Without changes
Gross domestic product
1.5%
Change:
+0.3%
2.31%
Change:
+0.02%
Unemployment rate
6.3%
Change:
+0.1%
6.9%
Change:
-0.1%
Retail sales
1.8%
Change:
-0.9%
-1.1%
Change:
-1.4%
Trade balance
9.9B
Change:
-27.4B
$-5.9B
Change:
$+1.7B
Inflation
2%
Change:
+0.1%
1.9%
Change:
+0.2%
Business confidence
48.4
Change:
-0.6
53.3
Change:
+4.4
Currency rate effect
Positive, leads to growth
Negative, leads to decrease
Neutral, no effect