Gold Research

Euro drops against Canadian Dollar amid energy shocks, growing Fed rate hike pressures

EUR/CAD depreciates further after paring its recent gains from the previous day, trading around 1.6030 during European hours on Monday. Use the dated public…

EUR/CAD depreciates further after paring its recent gains from the previous day, trading around 1.6030 during European hours on Monday.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: FXStreet news
  • 2026-09-14
  • rates

Topics: gold news, gold price impact, rates

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