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 1.2900-1.3000
Euro 1.2850-1.2950
Sterling 1.5250-1.5350
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3400-1.3500
Euro 1.3250-1.3350
Sterling 1.5175-1.5275
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3700-1.3800
Euro 1.4700-1.4800
Sterling 1.7050-1.7150
