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via fxstreet.comMarkets

Euro falls against Canadian dollar for a sixth day ahead of ECB decision

FROM THE WIRE · FXSTREET.COM

EUR/CAD extends its losses for the sixth successive day, trading around 1.5650 during European hours on Tuesday. The currency cross depreciates as the Euro (EUR) faces challenges ahead of the looming European Central Bank (ECB) policy decision this week.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe EUR/CAD decline ahead of this week's ECB decision is relevant for the euro and Canadian dollar exchange rate.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EUR/CAD extends its losses for the sixth successive day.
  2. 02The pair trades around 1.5650 during European hours on Tuesday.
  3. 03The euro faces challenges ahead of the looming ECB policy decision this week.

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