Trade EURCAD with spreads from 24 pips with an FCA regulated broker

EURCAD (EURCAD^)

PairingThe amount of Canadian dollars (CAD) that one can buy for every European euro (EUR).

Position

EUR – World’s second most traded currency

CAD - World’s sixth most traded currency

Important factors

  • Eurozone – With 17 of the 27 member states of the European Union, and five other countries utilising the Euro, the economic situation within those specific countries, and in Europe as a whole has an impact on the value of the currency. The interest rate set by the European Central Bank also has a strong impact.
  • Political factors – it is not only the Euro that is affected by political changes and decisions, situations in Canada and in the US can affect the value of the dollar.
  • Commodities – The wide range of countries that use the Euro mean commodities are less of a factor with this currency. However, Canadian dollars can be affected by the price of oil, aluminium, timber, and more.
Buy
1.56154
Sell
1.56195
4.1

-0.00014 (-0.01%)

High: 1.56162
Low: 1.5612

Product Details

Trading Hours: 24 hours

Minimum Size: 1,000 Notional or 0.01 Lot


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