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Blog, page 58

13.03.2023
Stocks continue to suffer and the Greenback lost some strength this weekend after the collapse of Silicon Valley Bank and Signature Bank

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

US Dollar         1.3750-1.3850

Euro                 1.4650-1.4750

Sterling            1.6600-1.6700

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10.03.2023
Employment report shows that the US and Canada created 311К and 21.8K respectively

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

US Dollar         1.3800-1.3900

Euro                 1.4600-1.4700

Sterling            1.6550-1.6660

Comments (0)
09.03.2023
The US employment report can push the greenback to go up higher

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

US Dollar         1.3750-1.3850

Euro                 1.4525-1.4625

Sterling            1.6400-1.6500

 

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08.03.2023
US Fed is likely to raise the interest rate higher than expected, while the Bank of Canada holds the key interest rate steady at 4.5%

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

US Dollar         1.3700-1.3800

Euro                 1.4450-1.4550

Sterling            1.6250-1.6350

Comments (0)
07.03.2023
The Australian dollar dropped overnight due to the Reserve Bank’s decision to raise the interest rate by 0.25%

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

US Dollar         1.3600-1.3700

Euro                 1.4400-1.4500

Sterling            1.6325-1.6425

Comments (0)
06.03.2023
American dollar appreciates ahead of Powell's testimony to Congress

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

US Dollar        1.3600-1.3700

Euro                1.4450-1.4650

Sterling           1.6300-1.6400

Comments (0)
02.03.2023
Today EUR weaknesses give the Greenback and Loonie a chance to pick up some gains

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

US Dollar         1.3550-1.3650

Euro                 1.4400-1.4500

Sterling            1.6250-1.6350

Comments (0)
01.03.2023
The Greenback lost some value for the first time this week in response to the better-than-expected Chinese economic recovery

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

US Dollar         1.3550-1.3650

Euro                 1.4450-1.4550

Sterling            1.6350-1.6450

 

Comments (0)
28.02.2023
The euro was strengthened due to hot regional inflation reports, while the British Pound got some advantage from the agreement on Northern Ireland Brexit Protocol

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

US Dollar         1.3550-1.3650

Euro                 1.4350-1.4450

Sterling            1.6400-1.6500

Comments (0)
27.02.2023
The Canadian dollar's weakness against the Greenback this morning is partially due to the traders waiting for the upcoming December GDP report

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

US Dollar         1.3550-1.3650

Euro                 1.4300-1.4400

Sterling            1.6250-1.6350

Comments (0)