EAby u/eadams·18hDiscussion

Keep an eye on $EURCAD after the Canadian dollar strengthened

แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)

Hello everyone. I see $EURCAD has risen to 1.60871. The Canadian dollar seems to have strengthened quite a bit recently, putting pressure on the EURCAD pair. Has anyone traded this pair lately? Do you think there are any specific factors supporting the Canadian dollar, or is it just a temporary correction after the EUR's previous surge?

Personally, I think if Canada continues to have good employment numbers, we might see a reversal back to test previous support levels. However, we also need to be cautious if the ECB signals something unexpected.

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