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Blog, page 50

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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13.07.2023
The key interest rate of the Bank of Canada is increased to 5.0%, which is the greatest level in 22 years

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

US Dollar         1.3100-1.3200

Euro                 1.4650-1.4750

Sterling            1.7150-1.7250

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12.07.2023
US CPI inflation declines to 3% in June vs. 3.1% anticipated

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

US Dollar         1.3200-1.3300

Euro                 1.4550-1.4650

Sterling            1.7050-1.7150

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11.07.2023
Traders are awaiting tomorrow's Canadian and US inflation report

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

US Dollar         1.3250-1.3350

Euro                 1.4550-1.4650

Sterling            1.7100-1.7200

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10.07.2023
The US Employment report showed that the economy added over 200k new jobs, missing market expectations

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

US Dollar         1.3250-1.3350

Euro                 1.4500-1.4600

Sterling            1.6950-1.7050

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07.07.2023
The market is expecting a significant rise in American and Canadian employment numbers

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

US Dollar         1.3350-1.3460

Euro                 1.4450-1.4550

Sterling            1.7000-1.7100

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06.07.2023
A tough start of the month for the Loonie as it lost ground to the US Dollar and British Pound

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

US Dollar         1.3250-1.3350

Euro                 1.4450-1.4550

Sterling            1.6950-1.7050

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29.06.2023
The USD continues to gain advantages against the JPY due to the Bank of Japan's decision to stick to ultra-low rate policy

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

US Dollar         1.3200-1.3300

Euro                 1.4450-1.4550

Sterling            1.6750-1.6850

Comments (0)
28.06.2023
The Loonie had a tough day yesterday due to investor's response to positive inflation numbers

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

US Dollar         1.3200-1.3300

Euro                 1.4450-1.4550

Sterling            1.6750-1.6850

Comments (0)
27.06.2023
Japan holding interest rates at ultra-low level, while the US raising interest rates to combat inflation

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

US Dollar         1.3100-1.3200

Euro                 1.4350-1.4450

Sterling            1.6700-1.6800

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