An increase of the indicator value may contribute to the rise in quotes of EUR.
EURCAD
Euro / Canadian dollar
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News EURCAD
An increase of the indicator value may contribute to the rise in quotes of CAD.
Experts polled by Bloomberg forecast two more interest rate cuts by the ECB this year—but warn that US tariff policy could ultimately dictate the central bank's moves. In their view, the US President's decisions may change the strategy of the European regulator.
Sharon Donnery of the European Central Bank (ECB) has warned her colleagues about the risks posed by the activities of shadow financial organizations. The number of such firms in the region has grown significantly in recent years. Meanwhile, market conditions are becoming increasingly uncertain.
The ECB will cut interest rates at its April 17 meeting, responding to easing inflation and slowing economic growth in the EU. The euro's nearly 7% appreciation against the dollar this year is also putting downward pressure on EU CPI, reinforcing the ECB's case for continued rate cuts.
Event announcement EURCAD
The CAD publication is expected
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EURCAD economy
European Union
Canada
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