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Blog, page 53

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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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

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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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