Economic data

Euro weakens against Canadian Dollar amid higher crude oil prices weigh on EUR/CAD

FXStreet22 October 2026, 08:28 UTCCanada

EUR/CAD extends its losing streak for the third successive day, trading around 1.5750 during European hours on Thursday. The currency cross has depreciated as the commodity-linked Canadian Dollar (CAD) gained strength, driven by a sharp rally in crude oil prices.

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