Euro loses against Canadian Dollar as ECB’s Lane warns economic growth concerns

Euro loses against Canadian Dollar as ECB’s Lane warns economic growth concerns

Source: EODHD - https://www.fxstreet.com/news/euro-loses-against-canadian-dollar-as-ecbs-lane-warns-economic-growth-concerns-202610050811
Published: Oct 05, 2026 4:11 AM

EUR/CAD has pared its recent gains from the previous trading day, hovering around 1.5970 during European hours on Monday. The currency cross depreciates as the Euro (EUR) remains under pressure following the release of Final 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.