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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

75% of retail investor accounts lose money when trading CFDs with this provider.

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Euro to CAD

The most popular and up-and-rising shares.

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[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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About

History

Why Trade?

About

History

Why Trade?

EURCAD is a minor currency pair that represents the exchange rate between the Euro (EUR) and the Canadian Dollar (CAD). The value of the EURCAD pair reflects how many Canadian dollars are needed to purchase one Euro. This currency pair is widely traded in the foreign exchange market, and its movements are closely monitored by traders, investors, and analysts. To convert EUR to CAD or vice versa, the current exchange rate is used. For example, if the EURCAD exchange rate is 1.50, then 1 Euro is equal to 1.50 Canadian Dollars, and 1 Canadian Dollar is equal to 0.67 Euros.

The history of EURCAD can be traced back to the creation of the Euro in 1999. Prior to the Euro's introduction, the currencies of European countries were widely traded against the Canadian dollar. However, after the Euro's introduction, the EURCAD pair became the preferred currency pair for trading between Canada and the European Union. Since then, the exchange rate has fluctuated widely, driven by various factors such as economic indicators, geopolitical events, and central bank policies.

The price history of EURCAD has been volatile over the years. The currency pair's price has fluctuated significantly due to various factors that affect the Euro and Canadian Dollar economies. The pair opened at a price of 1.8151 in 1999 when the Euro was first introduced. From then, the pair saw a gradual decline in price, reaching its all-time low of 1.2129 in 2008 during the global financial crisis.

However, since then, the pair has seen a gradual increase in price, peaking at its all-time high of 1.6147 in 2018. This increase was driven by factors such as rising inflation in the Eurozone and higher interest rates in Canada. In recent years, the price of the pair has remained relatively stable, trading within a range of 1.45 to 1.57.

Overall, the price history of EURCAD shows that the currency pair is subject to significant fluctuations, making it a popular choice for traders looking to profit from short-term price movements in the foreign exchange market.

Traders may consider trading EURCAD due to the currency pair's volatility, liquidity, and correlation with global economic events. The pair is affected by various factors, such as interest rate differentials, inflation rates, political developments, and trade relations between Canada and the European Union. As a result, the currency pair could probably provides ample opportunities for traders to speculate on short-term price movements.

Traders may also consider other currency pairs, such as USDJPY, GBPUSD, and AUDUSD. These pairs are also widely traded and offer various trading opportunities based on economic and political developments in the respective countries. USDJPY is affected by the US and Japanese economies' performance and geopolitical events, while GBPUSD is influenced by the UK and US economies' performance and Brexit developments. AUDUSD is influenced by the Australian economy's performance and commodity prices.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
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Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Trade [[data.name]] with Skilling

Hassle-free, with flexible trade sizes, and super low spreads!

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  • Spreads starting at 0.2!
  • Average Execution at 5ms
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*Other fees may apply.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and with low capital investment.

Forex
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage

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Trade on volatility

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Enjoy huge liquidity

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue

Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue