Euro dips against Canadian Dollar following HCOB PMI data release

Euro dips against Canadian Dollar following HCOB PMI data release

Source: EODHD - https://www.fxstreet.com/news/euro-dips-against-canadian-dollar-following-hcob-pmi-data-release-202609230911
Published: Sep 23, 2026 5:11 AM

EUR/CAD halts its four day-winning streak, trading around 1.6090 during the European hours on Wednesday. The currency cross is under pressure as the Euro (EUR) holds losses following the release of the latest HCOB Purchasing Managers’ Index (PMI) data for Germany and the broader Eurozone.

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.