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
1.47359
Sell
1.47393
3.4

+0.00011 (+0.01%)

High: 1.47648
Low: 1.47068

Product Details

Trading Hours: 24 hours

Minimum Size: 1,000 Notional or 0.01 Lot


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