Euro advances against Canadian Dollar amid lower oil prices, ECB rate hike bets

Published Sep 02, 2026 4:15 AM Last refreshed Sep 02, 2026 7:00 AM Source: EODHD Event Time: Sep 02, 2026 4:15 AM

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This market news item includes source data powered by EODHD.

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Euro advances against Canadian Dollar amid lower oil prices, ECB rate hike bets

Source: EODHD - https://www.fxstreet.com/news/euro-advances-against-canadian-dollar-amid-lower-oil-prices-ecb-rate-hike-bets-202609020815
Published: Sep 02, 2026 4:15 AM

EUR/CAD gains ground for the second successive day, trading around 1.6120 during the European hours on Wednesday. The currency cross gains ground as the commodity-linked Canadian Dollar (CAD) faces pressure from declining oil prices.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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