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Blog, page 77

26.10.2020
Stock markets fall due to global spike in covid-19 cases

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

US Dollar         1.3150-1.3250

Euro                 1.5550-1.5650

Sterling            1.7175-1.7275

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23.10.2020
Markets are quietly waiting for the US presidential election winner

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

US Dollar         1.3100-1.3200

Euro                 1.5500-1.5600

Sterling            1.7100-1.7200

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22.10.2020
US Dollar index gets a little stronger as markets are still watching the Republicans and Democrats negotiating on the stimulus package deal

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

US Dollar         1.3100-1.3200

Euro                 1.5500-1.5600

Sterling            1.7200-1.7300

Comments (0)
21.10.2020
CAD might be affected by the Canadian Inflation report that's due today

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

US Dollar         1.3100-1.3200

Euro                 1.5500-1.5600

Sterling            1.7050-1.7150

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20.10.2020
US Dollar index goes down as reports indicate the possibility for the US economy stimulus package to be approved before the election

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

US Dollar         1.3150-1.3250

Euro                 1.5500-1.5600

Sterling            1.7000-1.7100

Comments (0)
19.10.2020
Negotiations on the stimulus package for the US economy keep stock markets contented

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

US Dollar         1.3100-1.3200

Euro                 1.5450-1.5550

Sterling            1.7100-1.7200

Comments (0)
16.10.2020
US Dollar index gets stronger again as stock markets investors continue to be nervous about rising covid cases and the delayed stimulus plan

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

US Dollar         1.3150-1.3250

Euro                 1.5450-1.5550

Sterling            1.7000-1.7100

Comments (0)
15.10.2020
Global rise of covid cases and postponed stimulus package strengthened the USD

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

US Dollar         1.3150-1.3250

Euro                 1.5450-1.5550

Sterling            1.7050-1.7150

Comments (0)
14.10.2020
Biden's lead in the election race holds the US Dollar index at a low level

US Dollar index remains low today since no dramatic changes occurred on the currency markets over the night.

The likelihood of Joe Biden victory at upcoming presidential election grows and therefore investors feel confident about placing their dollars into the stock markets.

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13.10.2020
US Dollar index remains weak as stock markets show no incentive to fall in the near future

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

US Dollar         1.3050-1.3150

Euro                 1.5450-1.5550

Sterling            1.7050-1.7150

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