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Blog, page 40

22.12.2023
The GDP report numbers gave the confidence that the Fed is going to make the first rate cut in March

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

US Dollar        1.3250-1.3350

Euro                1.4600-1.4700

Sterling           1.6850-1.6950

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21.12.2023
Yesterday's stock market crash showed that it will remain volatile until the signs of a clear policy of interest rate cuts

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

US Dollar        1.3300-1.3400

Euro                1.4600-1.4700

Sterling           1.6850-1.6950

Comments (0)
20.12.2023
The Pound lost ground after the report about lower-than-expected inflation numbers

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

US Dollar        1.3300-1.3400

Euro                1.4550-1.4650

Sterling           1.6800-1.6900

Comments (0)
19.12.2023
The Loonie received an advantage on morning’s inflation rate which shows some rise in core reading

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

US Dollar        1.3300-1.3400

Euro                1.4600-1.4700

Sterling           1.6950-1.7050

Comments (0)
18.12.2023
Loonie made some gains at the start of an important week with lots of economic reports

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

US Dollar        1.3325-1.3425

Euro                1.4550-1.4650

Sterling           1.6900-1.7000

Comments (0)
15.12.2023
The U.S. Dollar cratered due to the statement about the three interest rate cuts next year

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

US Dollar        1.3350-1.3450

Euro                1.4600-1.4700

Sterling           1.7000-1.7100

Comments (0)
13.12.2023
FED keeps key interest rates unchanged at 5.25-5.50%, signal 3 cuts in 2024

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

US Dollar        1.3550-1.3650

Euro                1.4600-1.4700

Sterling           1.6950-1.7050

Comments (0)
12.12.2023
The market is awaiting any signs of an interest rate cut in the Fed’s speech

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

US Dollar        1.3525-1.3625

Euro                1.4600-1.4700

Sterling           1.7000-1.7100

Comments (0)
07.12.2023
The Bank of Japan might be set to exit from decades of ultra-low interest rates

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

US Dollar        1.3550-1.3650

Euro                1.4600-1.4700

Sterling           1.7050-1.7150

Comments (0)
06.12.2023
The European economy appears to be slowing faster than other Western economies

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

US Dollar        1.3550-1.3650

Euro                1.4600-1.4700

Sterling           1.7050-1.7150

Comments (0)