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20.09.2023
The FED is expected to hold interest rates steady and analyze how previous hikes affected the economy

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar        1.3400-1.3500

Euro                1.4350-1.4450

Sterling           1.6550-1.6650

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19.09.2023
The inflation rate in Canada rose to 4% on higher gasoline price

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar        1.3400-1.3500

Euro                1.4350-1.4450

Sterling           1.6600-1.6700

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14.09.2023
Even though inflation was again inching higher markets, that is not enough for a new interest rate hike

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar         1.3500-1.3600

Euro                 1.4500-1.4600

Sterling            1.6850-1.6950

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13.09.2023
US consumer prices continued to increase, however, the Fed is on track for a pause in rate rises

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar         1.3525-1.3625

Euro                1.4500-1.4600

Sterling           1.6850-1.6950

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12.09.2023
While the Canadian Dollar is unchanged, the US Dollar index is higher as traders get ready for tomorrow's release of the August inflation data

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar          1.3550-1.3650

Euro                 1.4500-1.4600

Sterling            1.6900-1.7000

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11.09.2023
The Euro is higher as a result of ECB interest rate announcement and the US Inflation data, which determines the Fed's interest rate action.

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar          1.3600-1.3700

Euro                 1.4550-1.4650

Sterling            1.6950-1.7050

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08.09.2023
The US Dollar index is almost at a six-month high despite a terrible EU GDP report, whilst the Canadian Dollar is anticipated to drop due to job losses.

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar          1.3550-1.3650

Euro                 1.4600-1.4700

Sterling            1.7000-1.7100

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07.09.2023
The Pound dropped over 120 points after the Bank of England's announcement about stopping of interest rate-raising policy

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar         1.3600-1.3700

Euro                 1.4600-1.4700

Sterling            1.7000-1.7100

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06.09.2023
Bank of Canada holds key rate at 5% but leaves door open for future hikes

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar         1.3600-1.3700

Euro                 1.4600-1.4700

Sterling            1.7100-1.7200

Comments (0)
05.09.2023
The Canadian economy may fall into a technical recession

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar         1.3600-1.3700

Euro                 1.4600-1.4700

Sterling            1.7100-1.7200

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