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XE Currency Converter: EUR to CVE

EUR/USD2016-09-30 07:28 UTC

EUR-USD has remained mired in a narrow range in the low 1.1200s, below the two-week high at 1.1279 that was seen on Monday. Bigger picture, EUR-USD has been in a broadly sideways chop centred around 1.1100-1.1300 since March-April of last year. Net capital outflows from the Eurozone (a consequence of the ECB's QE) and the Fed's path to tightening, albeit and a long and winding one, have been keeping a lid on the pair over this period. Read More 

XE Market Analysis

  • North American Edition2016-09-29 11:14 UTC

    The yen was the biggest mover in the wake of the unexpected Opec agreement to cut production, which has sent Brent over 6% higher over the last day. Both USD-JPY and EUR-JPY were showing 0.8% gains as of the early European PM session. USD-JPY logged an eight-day peak at 101.75, since settling around 101.50. The swing to riskier assets that has been driven by the gain in crude prices has concomitantly weighed on haven assets and currencies, including as ... Read More 

  • European Edition2016-09-30 07:28 UTC

    The yen rebounded as the oil price rally faded and stock markets concomitantly ebbed. USD-JPY has given back most of yesterday's gains in ebbing to back under 100.80. AUD-JPY is showing the biggest movement out of the currencies we track, with a 0.4% loss. EUR-USD, meanwhile, continued to ply a narrow range in the low 1.12s, as it has done for most of the week since logging a 15-day high at 1.1259 on Monday. AUD-USD, after rallying for most of the week, ... Read More 

  • Asian Edition2016-09-29 18:37 UTC

    The dollar was mixed through the N.Y. session on Thursday, though the greenback's fortunes swapped versus the euro and yen later in the session. EUR-USD firmed up to 1.1250 into the London close, amid mixed U.S. data, and a bevy of Fedspeak. USD-JPY meanwhile retained its bid tone, reacting to risk-on conditions following the sharp OPEC-inspired oil rally. Later, as Deutsche Bank stock came under heavy pressure, EUR-USD retreated into the 1.1200 level, ... Read More 

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