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Blog, page 41

20.06.2023
Stocks are moving lower after China's central bank cut lending rates to stimulate the economy

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

US Dollar         1.3175-1.3275

Euro                 1.4400-1.4500

Sterling            1.6850-1.6950

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19.06.2023
A good start of the week for the Loonie, as it holds gains against major currencies

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

US Dollar         1.3150-1.3250

Euro                 1.4400-1.4500

Sterling            1.6875-1.6975

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16.06.2023
Higher interest rates policy in the US is slowing down the economy

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

US Dollar         1.3200-1.3300

Euro                 1.4450-1.4550

Sterling            1.6875-1.6975

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15.06.2023
Fed pauses interest rate hikes, signals more increases ahead

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

US Dollar         1.3300-1.3400

Euro                 1.4400-1.4500

Sterling            1.6850-1.6950

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13.06.2023
All financial markets are analyzing today's inflation report as it defines the direction of Fed policy

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

US Dollar         1.3300-1.3400

Euro                 1.4350-1.4450

Sterling            1.6750-1.6850

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18.05.2023
After the positive news on the debt negotiations, there is a possibility of the US Dollar and stocks rise

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

US Dollar         1.3450-1.3550

Euro                 1.4550-1.4650

Sterling            1.6000-1.6800

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17.05.2023
Canada's inflation rate rises to 4.4%, higher than expected

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

US Dollar         1.3450-1.3550

Euro                 1.4575-1.4675

Sterling            1.6750-1.6850

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16.05.2023
While the market awaiting the debt negotiations resolution, the Greenback sharply declined against other safe haven currencies

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

US Dollar         1.3400-1.3500

Euro                 1.4600-1.4700

Sterling            1.6800-1.6900

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15.05.2023
The Turkish Lira declined to a new historic minimum in anticipation of the presidential vote outcome

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

US Dollar         1.3450-1.3550

Euro                 1.4650-1.4750

Sterling            1.6850-1.6950

 

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12.05.2023
The number of claims for unemployment in the US reached a pick which is an important indicator of the weakness of the labor market

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

US Dollar         1.3450-1.3550

Euro                 1.4650-1.4750

Sterling            1.6850-1.6950

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