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Blog, page 47

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

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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)
18.10.2023
The world awaiting the outcomes of Biden’s visit to Israel

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

US Dollar        1.3600-1.3700

Euro               1.4375-1.4475

Sterling          1.6600-1.6700

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17.10.2023
Stocks are pointing higher due to better-than-expected US banks profits

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

US Dollar        1.3600-1.3700

Euro                1.4350-1.4450

Sterling           1.6550-1.6650

Comments (0)
16.10.2023
Investors are watching whether diplomatic efforts will bring the Middle East conflict to a close

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

US Dollar         1.3600-1.3700

Euro                1.4300-1.4400

Sterling           1.6550-1.6650

Comments (0)
13.10.2023
It is supposed that the US economy will raise interest rates and it will last longer than previously thought

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

US Dollar        1.3650-1.3750

Euro                1.4350-1.4450

Sterling           1.6600-1.6700

Comments (0)
12.10.2023
The inflation rate leveled off at 3.7% in the US, continuing a gradual consumer price slowdown

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

US Dollar        1.3550-1.3650

Euro                1.4400-1.4500

Sterling           1.6675-1.6775

Comments (0)
11.10.2023
FED officials have different opinions on future interest rate policy, while the balance indicated that one more hike is needed

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

US Dollar        1.3550-1.3650

Euro                1.4475-1.4575

Sterling           1.6650-1.6750

Comments (0)
10.10.2023
The Israel-Hamas war caused a spike in global oil prices

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

US Dollar        1.3550-1.3650

Euro                1.4350-1.4450

Sterling           1.6600-1.6700

Comments (0)