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Blog, page 42

10.05.2023
The market is jittery these days as investors await a debit negotiation resolution and inflation data

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

US Dollar         1.3350-1.3450

Euro                 1.4650-1.4750

Sterling            1.6850-1.6950

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08.05.2023
The Loonie reached its highest point for the first time since January this year

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

US Dollar         1.3300-1.3400

Euro                 1.4700-1.4800

Sterling            1.6825-1.6925

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04.05.2023
PacWest regional bank stock falls 48% after Fed’s latest interest rate hike

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

US Dollar         1.3600-1.3700

Euro                 1.5000-1.5100

Sterling            1.7050-1.7150

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01.05.2023
It is supposed to be a volatile week for both the currency and stock markets due to the third major bank failure of the year, the upcoming Fed’s announcement, and employment reports

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

US Dollar         1.3550-1.3650

Euro                 1.4900-1.5000

Sterling            1.7000-1.7100

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28.04.2023
The Canadian economic growth in March is supposed to be down compared to the February rate

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

US Dollar         1.3600-1.3700

Euro                 1.4950-1.5050

Sterling            1.7000-1.7100

Comments (0)
26.04.2023
Investors are worrying about the U.S. economy due to the huge withdrawal numbers from the First Republic Bank and workforce cuts

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

US Dollar         1.3575-1.3675

Euro                 1.5000-1.5100

Sterling            1.6950-1.7050

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25.04.2023
The Loonie continues to be under pressure due to the strength of the US dollar and stocks drop

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

US Dollar         1.3550-1.3650

Euro                 1.4950-1.5055

Sterling            1.6850-1.6950

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24.04.2023
Fed likely to pause interest rate hikes due to signs of labor slack

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

US Dollar         1.3500-1.3600

Euro                 1.4850-1.4950

Sterling            1.6800-1.6900

 

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19.04.2023
The Pound and Euro might show growth against the Greenback due to increasing inflation in the UK compared to slowed inflation in North America

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

US Dollar         1.3400-1.3500

Euro                 1.4650-1.4750

Sterling            1.6650-1.6750

Comments (0)
17.04.2023
Currency traders are watching for the incoming FED’s interest rate hikes since hedge funds were actively buying up U.S. Dollars

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

US Dollar         1.3350-1.3450

Euro                 1.4650-1.4750

Sterling            1.6550-1.6650

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