EURCAD March 2026 fundamental analysisEuro/Canadian DollarFX:EURCADOneirotradeFundamentals: Both ECB and BoC are in “on‑hold” mode, with rates around 2.00%-2.15% (ECB main ref) and 2.25% (BoC overnight), and inflation close to target in both jurisdictions. Canada is more commodity‑sensitive and more exposed to US trade policy risk; the euro area is more diversified but faces modest structural growth. Canadian bank forecasts see mild downside in EUR/CAD over 2026 as CAD gradually benefits from stable policy and commodities. Recent trend & outlook: EUR/CAD has traded in a tight band around 1.61–1.63 so far this year, effectively range‑bound with a slight downward bias from its late‑January high. With neither central bank likely to surprise in March, a slow grind or range trade with a mild CAD bias is probable. Verdict: Sell EUR/CAD, small fundamental and forecast edge to CAD vs. EUR.