EUR/CAD: live price, payout and trading hours

EUR/CAD shows how many Canadian dollars one euro buys: 1.48000 means 1 EUR = 1.48 CAD. A pip is 0.0001.

The Canadian dollar is tied to energy: Canada is a large oil exporter, and most of its exports go to the United States. The euro area, by contrast, is a net energy importer. So a rise in crude prices tends to help the CAD while being a cost for Europe — both effects push EUR/CAD in the same direction, lower. The connection is loose, though, and policy usually matters more: the ECB versus the Bank of Canada, euro-area inflation versus Canadian CPI, and growth surprises on either side.

Canadian data is released in the North American morning — CPI, monthly GDP, retail sales and the Labour Force Survey — so the overlap between London and New York is typically the most active window for this cross. Weekly US crude inventory reports and OPEC+ meetings can also cause moves through the oil channel. During Asian hours EUR/CAD is often thin and slow.

The EUR/CAD OTC listed on Sky Trade does not reflect any of this: it is a price generated by Sky Trade's server, running around the clock and detached from oil and central banks.