Ahead of European trading on Wednesday, the euro drifted lower against the Canadian currency.
The euro-loonie pair is worth 1.3488 with 1.34 seen as the next downside target level. The pair finished yesterday's deals at 1.3527.
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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.