Trade EUR/CAD with Fondex
Thinking of trading EUR/CAD?
- 1. By simply following economic calendars you can find an important amount of information regarding events that will influence the price of the CAD. For example, the release of oil inventories, in which higher inventories indicate a drop in oil prices, would automatically mean that the EUR/CAD will also drop. Another event worth checking out would be the OPEC meetings and of course, interest rate changes on both sides of the pair. 2. Unlike the EU, USA and Australia, Canada has only one index (Ivey PMI). The release of this index is basically a direct representation of the Canadian economy.
Trading CFDs involves significant risk of loss