Euro – Canadian Dollar

EUR (Euro)
Currency unit of Eurozone, which includes 18 leading countries of Europe. The world’s second largest reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
The price dynamics depend on the interest rates of the ECB, inflation and growth rates of the region’s economy.

CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies
Issued by: Bank of Canada
The price dynamics mainly depend on oil prices, interest rates of the Bank of Canada, inflation and growth rates of the Canadian economy.