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Blog, page 3

08.08.2023
The latest Chinese economic news stressed the North American market and pushed the U.S. Dollar up

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

US Dollar         1.3400-1.3500

Euro                 1.4700-1.4800

Sterling            1.7100-1.7200

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04.08.2023
The US economy creates 187,000 new jobs in July, lower than expected

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

US Dollar         1.3325-1.3425

Euro                 1.4600-1.4700

Sterling            1.6950-1.7050

Comments (0)
02.08.2023
The Fitch debt rating agency downgraded the US credit rating from AAA to AA+

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

US Dollar         1.3250-1.3350

Euro                 1.4550-1.4650

Sterling            1.6950-1.7050

Comments (0)
01.08.2023
The GBP was affected by another interest rate hike which is hurting the UK economy

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

US Dollar         1.3250-1.3350

Euro                 1.4500-1.4600

Sterling            1.6900-1.7000

Comments (0)
31.07.2023
Pressure on the Greenback continues as the Fed is supposed to pause the interest rate hikes, while the European Central Bank is continuing raising it

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

US Dollar         1.3200-1.3300

Euro                 1.4550-1.4650

Sterling            1.6950-1.7050

Comments (0)
28.07.2023
American economic numbers show that the economy is expected to narrowly dodge a recession

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

US Dollar         1.3200-1.3300

Euro                 1.4500-1.4600

Sterling            1.6950-1.7050

Comments (0)
26.07.2023
Stocks around the world fell, while the Greenback reached a two-week high as caution reigned ahead of today's Fed announcement

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

US Dollar         1.3150-1.3250

Euro                 1.4600-1.4700

Sterling            1.7000-1.7100

Comments (1)
24.07.2023
The Greenback edged up against the Euro after poor European economic numbers

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

US Dollar         1.3150-1.3250

Euro                 1.4600-1.4700

Sterling            1.6900-1.7000

Comments (0)
20.07.2023
The Canadian dollar picked up some gains against the Pound and Greenback

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

US Dollar         1.3100-1.3200

Euro                 1.4700-1.4800

Sterling            1.6900-1.7000

Comments (0)
17.07.2023
The US Dollar index has weakened to a 14-month low as a result of lower-than-expected inflation figures.

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

US Dollar         1.3200-1.3300

Euro                1.4800-1.4900

Sterling           1.7250-1.7350

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