EUR/CADEURCAD

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EUR/CAD · EURCADNeutral

EUR/CAD holds steady near 1.6230 as Eurozone inflation data eases.

In the past 24 hours, EUR/CAD has remained relatively stable around the 1.6230 mark. This stability follows the release of Eurozone inflation data, which showed a moderation in both headline and core inflation rates. This development reduces the immediate pressure on the European Central Bank to implement further rate hikes.

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