ECB fixing of 2026-10-22
EUR/CAD volatility
At the 2026-10-22 ECB fixing, EUR/CAD had a typical close-to-close move of about 58 pips a day, which is high for this pair: higher than 77% of the past three years.
Realized vol (20d)5.8%annualized
Typical daily move58 pips0.37% of price
RegimeHigh77th percentile, 3 years
ECB fixing1.572502026-10-22
A stop at 1.5 times the typical daily move would be about 86 pips. Size a trade with that stop in the position size calculator.
Method and limits
- Prices are the European Central Bank's euro reference rates, one fixing a business day around 14:10 CET. Crosses are derived through the euro. Volatility estimates and regimes are calculated by FXPM Labs.
- Realized volatility is the root mean square of daily log returns over 20 fixings, annualized with 252 trading days. The typical daily move is the same figure before annualizing.
- The regime compares the latest available 20-day figure with the past three years: below the 25th percentile is low, above the 75th is high and above the 95th is extreme.
- One fixing a day measures close-to-close moves. Intraday ranges are wider, and fixing-to-fixing data misses moves that reverse within the day.
- Volatility describes how much a price moves, not which way. Nothing here is a trading recommendation.
Source: European Central Bank euro foreign exchange reference rates; volatility estimates derived by FXPM Labs. Data as of 2026-10-22.
Questions
How many pips does EUR/CAD move a day?
Over the last 20 ECB fixings its typical daily move was about 58 pips (0.37%), measured close to close. Intraday ranges are wider.
Was EUR/CAD volatility high at the latest ECB fixing?
At the 2026-10-22 ECB fixing it was in the high regime: its 20-day figure was above 77% of readings from the past three years.