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Blog, page 10

03.11.2023
The stock market took advantage of the latest Fed’s interest rate announcement

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

US Dollar        1.3700-1.3800

Euro                1.4550-1.4650

Sterling           1.6750-1.6850

Comments (0)
02.11.2023
The U.S. dollar index is much weaker today due to a pause in interest rate raise

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

US Dollar        1.3775-1.3875

Euro                1.4550-1.4650

Sterling           1.6800-1.6900

Comments (0)
01.11.2023
Federal Reserve decided to keep the interest rate unchanged at 5.25-5.50%

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

US Dollar        1.3850-1.3950

Euro                1.4600-1.4700

Sterling           1.6800-1.6900

Comments (0)
31.10.2023
September GDP report shows the economy grew by 0,1 percent

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

US Dollar        1.3775-1.3875

Euro                1.4700-1.4800

Sterling           1.6800-1.6900

Comments (0)
30.10.2023
The market is awaiting the FED interest rate decision

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

US Dollar        1.3775-1.3875

Euro                1.4600-1.4700

Sterling           1.6750-1.6850

Comments (0)
27.10.2023
The US is the only Western economy that is expanding despite higher interest rates

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

US Dollar        1.3775-1.3875

Euro                1.4525-1.4625

Sterling           1.6700-1.6800

Comments (0)
26.10.2023
Tough day for the equity markets as the NASDAQ stock market was dropped 2.4%

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

US Dollar        1.3800-1.3900

Euro                1.4525-1.4625

Sterling           1.6650-1.6750

Comments (0)
25.10.2023
Bank of Canada holds key rate steady at 5%

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

US Dollar        1.3700-1.3800

Euro                1.4500-1.4600

Sterling           1.6650-1.6750

Comments (0)
24.10.2023
US dollar rises and oil drops on weak economic data

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

US Dollar        1.3650-1.3750

Euro                1.4400-1.4600

Sterling           1.6700-1.6800

Comments (0)
20.10.2023
Loonie cannot make any sustainable gains in the short term due to the FED's continuous rate hike

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

US Dollar        1.3650-1.3750

Euro               1.4450-1.4550

Sterling           1.6600-1.6700

Comments (0)