Euro holds ground as Eurozone growth data offsets oil-driv...

Euro holds ground as Eurozone growth data offsets oil-driven CAD gains

Published Aug 04, 2026 5:03 AM Last refreshed Aug 04, 2026 7:00 AM Source: EODHD Event Time: Aug 04, 2026 5:03 AM

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Euro holds ground as Eurozone growth data offsets oil-driven CAD gains

Source: EODHD - https://www.fxstreet.com/news/euro-holds-ground-as-eurozone-growth-data-offsets-oil-driven-cad-gains-202608040903
Published: Aug 04, 2026 5:03 AM

EUR/CAD remains stronger for the eighth consecutive day, trading around 1.6170 during the European hours on Tuesday. The currency cross is holding its ground as the Euro (EUR) gains support from an uptick in market risk sentiment.

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.