EUR/CAD around 1.6110 Thursday European hours, snaps a three-day winning streak. CAD bid on crude. German PPI and ING’s €1.1 trillion inflow already on the site.
EUR/CAD trades around 1.6110 in European hours on Thursday and halts a three-day winning streak. That is the FXStreet stamp. The Canadian dollar is bid on crude. That tape is already live: WTI three-week high near $86.
The pair-specific story is CAD on the same energy squeeze. The D-Day post is already live. The ship tape stays the Tuesday six. FXStreet reprints Trump saying shipments still move through Hormuz. That is his line. It is not a reopening.
The same page cites Germany’s July producer prices, +1.1% month on month and +3.0% year on year. That print is already live: Destatis July PPI. UBS, as FXStreet quotes them, said the data “were higher than consensus” and that “very few economists bother to forecast this data.”
ING, on this page, wrote that foreigners “have bought around €1.1 trillion of eurozone securities over the last 12 months,” from ECB data released yesterday. That is the euro-side bid. The Treasury long-end buyback is the dollar-liquidity line on the same page.
Live euro-Canada is on prices.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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FXStreet Thursday: EUR/USD trades right above 1.1700 after about 1.13% from Wednesday lows. Three-month high. Treasury buyback already live. UOB 1.1725 stays the bank note.
Bloomberg: 10-year yield +4bp to 6.86%. Five-year +8bp. Aug 3-5 minutes. Gupta: a hike case may emerge. Malhotra: broad-based price pressures may need a tighter response.
UOB Quek Ser Leang and Lee Sue Ann: EUR/USD closed 1.1677, +0.89%, a three-month high. Room toward 1.1725. 24-hour 1.1635/1.1700. Support 1.1600. Bank note, not a news recut.