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Trouble for EUR/CAD, EUR/NOK: Q2 Top Trading Opportunities 2021-04-08 21:30:00 Daniel Moss, Analyst Central Bank Divergence, Resilient Oil Prices Spell Trouble for EUR/CAD, EUR/NOK Advertisement The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first quarter of 2021. The EUR/NOK and EUR/CAD exchange rates declined 4.5% and 4.9% respectively. These losses appear to stem from the divergence in the European Central Bank’s outlook for ...

The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first quarter of 2021. These losses appear to stem from the divergence in...