Why is euro to CAD dropping?
As the Canadian dollar has strengthened, the EUR/CAD exchange rate has steadily slipped. From a high of 1.56 at the beginning of the year, the rate fell to 1.42 on 24 November – a sign of the Canadian economy's rapid recovery post Covid-19. The exchange rate fell as the world grappled with an energy crisis.
As the Canadian dollar has strengthened, the EUR/CAD exchange rate has steadily slipped. From a high of 1.56 at the beginning of the year, the rate fell to 1.42 on 24 November – a sign of the Canadian economy's rapid recovery post Covid-19. The exchange rate fell as the world grappled with an energy crisis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.