×

RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

Euro vs Canadian Dollar •EURCAD•

About

EURCAD

The EUR/CAD is the currency pair for the Euro(EUR) and the Canadian dollar(CAD). It is the seventh-most-traded cross currency pairing on the forex. It offers traders an opportunity to trade the economics of the European Union while avoiding the undue risk that is attributed to global macroeconomic factors. The Euro has one of the largest circulation in Forex and serves as a major world reserve currency. On the other hand, CAD is a commodity currency that is heavily reliant on the price of energy commodities most notably crude oil. Among the greatest influences of the pair include US economy, monetary policy decisions made by the Bank of Canada and the European Central Bank, commodity prices, political unrest and any changes in the Eurozone.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.

TOP