Medium Impact EURUSD EUR EU

Euro gains against Canadian Dollar following improved PMI data

Published Aug 05, 2026 5:00 AM Last refreshed Aug 05, 2026 6:00 AM Source: EODHD Event Time: Aug 05, 2026 5:00 AM
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Euro gains against Canadian Dollar following improved PMI data

Source: EODHD - https://www.fxstreet.com/news/euro-gains-against-canada-dollar-following-improved-pmi-data-202608050900
Published: Aug 05, 2026 5:00 AM

EUR/CAD continues its winning streak that started on July 24, trading around 1.6240 during the European hours on Wednesday. The currency cross rises as the Euro (EUR) receives support following the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the 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.