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EUR/CAD has pared its recent gains from the previous trading day, hovering around 1.5970 during European hours on Monday. The currency cross depreciates as the Euro (EUR) remains under pressure following the release of Final HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.
Investing.com -- The U.S. dollar ticked up on Monday, helped by a slide in the euro to its lowest level in nearly 17 months. The single currency was under pressure amid a government debt crisis in France.