Daily Financial Recap: Tech, Gold, and Bonds in Focus
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3940 - 1.4140
Euro 1.4660 - 1.4880
Sterling 1.7660 - 1.7870
WTI Oil (opening level) $69.22
The Canadian dollar (CAD) opens at 1.4033 (0.7126 USD).
Global equities are rising, led by strong tech gains in the US and Asia. Volatility remains low, with focus on upcoming US jobs data. The euro stays weak due to French political unrest, while gold rebounds despite a strong dollar. Coffee futures slump on margin calls.
In bonds, the OAT-Bund spread widens amid European instability, and US Treasury yields flatten on potential rate cut signals.
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.2650-1.2750
Euro 1.5500-1.5600
Sterling 1.7200-1.7300
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3450-1.3550
Euro 1.4600-1.4700
Sterling 1.7050-1.7150
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.2500-1.2600
Euro 1.4700-1.4800
Sterling 1.7350-1.7450
