EURCAD back @ multidecade descending slope line.
Fundamental perspective on EUR/CAD.
-EURO 0% interest rate
-CANADIAN DOLLAR 0.25% interest rate
-Devalued US Dollar, means higher commoditie prices. Canada is a net Oil exporter- Europe is a net Oil importer, this is beneficiary for the Canadian Dollar.
Weekly Chart
Daily Chart
-EURO 0% interest rate
-CANADIAN DOLLAR 0.25% interest rate
-Devalued US Dollar, means higher commoditie prices. Canada is a net Oil exporter- Europe is a net Oil importer, this is beneficiary for the Canadian Dollar.
Weekly Chart
Daily Chart
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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.