The European currency continued its early advance against the Canadian dollar in the European morning session on Monday.
At 4:30 am ET, the euro climbed to near a 5-week high of 1.2958 against the loonie and the next upside target level for the euro-loonie pair is seen at 1.30. The pair closed last week's trading at 1.2924.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.