The euro slipped back to below the 1.29 against the Canadian dollar after a gap of a couple of session on Wednesday in early deals, falling to a 2-day low of 1.2896 around 6:30 am ET.
The euro-loonie pair is approaching the trend-line support near 1.2860 in the daily chart and a break below that could help re-test the 1.28 level after a gap of nearly a month.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.