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Blog, page 7

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

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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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13.04.2023
The Canadian dollar was significantly strengthened, while the Greenback went down after the March inflation report

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

US Dollar         1.3350-1.3450

Euro                 1.4700-1.4800

Sterling            1.6700-1.6800

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12.04.2023
The market is awaiting weaker-than-expected inflation numbers

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

US Dollar         1.3450-1.3550

Euro                 1.4700-1.4800

Sterling            1.6700-1.6800

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11.04.2023
The European market opening pushed the US dollar to lose some strength

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

US Dollar         1.3450-1.3550

Euro                 1.4700-1.4800

Sterling            1.6750-1.6850

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10.04.2023
The Greenback received some gains on Friday after data showed an increase in jobs in the US economy

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

US Dollar         1.3450-1.3550

Euro                 1.4650-1.4750

Sterling            1.6725-1.6825

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04.04.2023
CAD, EUR and GBP take advantage of the weaker American dollar

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

US Dollar        1.3400-1.3500

Euro                1.4600-1.4700

Sterling           1.6700-1.6800

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03.04.2023
Canadian dollar jumps higher as OPEC cuts oil production

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

US Dollar        1.3400-1.3500

Euro                1.4600-1.4700

Sterling           1.6600-1.6700

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31.03.2023
PCE Core Price Index showed that US inflation is calming down

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

US Dollar         1.3500-1.3600

Euro                 1.4700-1.4800

Sterling            1.6750-1.6850

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