Daily Market Updates: Euro struggles as oil gains weigh on EUR/CAD

Forex

Home›Forex›Major Pairs›Euro struggles as oil gains weigh on EUR/CAD

Euro struggles as oil gains weigh on EUR/CAD

Reported · Written up by our desk · Major Pairs

EUR/CAD depreciates after registering gains the previous day, trading around 1.5620 during European hours on Tuesday. The currency cross is facing challenges as the Canadian Dollar (CAD) receives strong support from rising crude oil prices.

Latest closeWTI crude $102.95 ▲0.9%

← Newer storyAXA XL expands Rana Gillmon’s role to lead East Zone Older story →Euro: Hawkish ECB cushions losses against US Dollar - ING

More like this

ForexCanadian Dollar retreats as volatile Oil prices overshadow hawkish BoC remarks

ForexChina: Data outlook stays steady – Standard Chartered

ForexUSDCAD buyers push away from support. Can they clear the next upside hurdles?

ForexEuropean gas: Iran tensions keep TTF near EUR 100 - Commerzbank

ForexUSDCHF falls on firmer Swiss CPI, but buyers lean against the 100 day MA

Sources

FXStreetEuro struggles as oil gains weigh on EUR/CAD

Forex

Euro struggles as oil gains weigh on EUR/CAD

More like this

Sources

Get the close, explained.