Loading…
EUR/CAD fell back to around 1.5620 as rising crude prices supported the Canadian dollar. Indirect US-Iran talks are continuing without a breakthrough, which limits further oil gains.
Traders are awaiting Eurozone October HICP data, with headline inflation forecast at 3.9%.
Higher oil prices feed into energy and fertiliser costs for feed producers, while the ECB's policy path shapes euro-area demand. Oil remains the main channel through which this story affects feed prices.
fxstreet.comAkhtar FaruquiNov 3, 2026After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
