EURCAD

EURCAD Feels Pressure as Rescue Talks Linger The euro continues to slide against the Canadian dollar from its March peak as the prospect of a pan-European stimulus drags on. EU leaders have failed so far to find common ground on the size… Read More

EURCAD or EUR/CAD is notation used to designate the currency pair made up of the euro and the Canadian dollar, and is sometimes called the "younger loonie," or "loonie 2". The value indicates how many Canadian dollars (the quote currency)… Read More

With Demark close to an exhaustion count (13) on the weekly charts, dips are likely to find buyers. Read More

After the dramatic impact of the ECB decision yesterday, the markets are still not done for the week, as the traders and investors are still digesting the ECB Chairman Mario Draghi confusing remarks, which led the Euro to decline below 1.09… Read More

During the US session ahead, there are many economic figures will be released from the US and Canada, which set to have a notable impact on the markets. However, we will concentrate on the Canadian figures today, especially that the… Read More

The last trading day of the week comes with a few economic releases during the Asian and European sessions, and the US session has only one important report from Canada, which is set to have a notable impact on the markets ahead of the… Read More

About a few weeks ago, we pointed to potential trade opportunities in the Euro cross currencies; the EURCAD and the EURAUD. These two currency pairs got the attention largely for two basic reasons. The Aussie and the Canadian dollars are… Read More

The never ending saga of the Greece crisis is likely to keep the EURUSD trade sideways for the most part, until one of the two economies, namely the Eurozone or the US gives way. For the Eurozone, while a short term solution to the Greece… Read More