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Blog, page 8

30.03.2023
Euro Zone inflation report numbers pushed Euro to rise

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

US Dollar         1.3500-1.3600

Euro                 1.4700-1.4800

Sterling            1.6700-1.6800

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29.03.2023
The Canadian dollar was trading higher than the Greenback due to the turn of crude’s price and higher point for stocks

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

US Dollar         1.3550-1.3650

Euro                 1.4700-1.4800

Sterling            1.6725-1.6825

Comments (0)
28.03.2023
The banking sector calmed for now as First Citizen bank acquires failed Silicon Valley Bank.

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

US Dollar         1.3600-1.3700

Euro                 1.4750-1.4850

Sterling            1.6800-1.6900

Comments (0)
27.03.2023
The banking crisis seems to be calmed down after the recent collapse

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

US Dollar         1.3650-1.3750

Euro                 1.4750-1.4850

Sterling            1.6750-1.6850

Comments (0)
23.03.2023
Fed raises interest rate by 0.25% despite banking turmoil

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

US Dollar         1.3600-1.3700

Euro                 1.4800-1.4900

Sterling            1.6775-1.6875

Comments (0)
22.03.2023
UK inflation rate unexpectedly jumped to 10.4% and pushed GBP.USD higher by about 100 points

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

US Dollar         1.3650-1.3750

Euro                 1.4750-1.4850

Sterling            1.6750-1.6850

Comments (0)
21.03.2023
Inflation in Canada slowed to 5.2% in February, compared to expectations of 5.4%

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

US Dollar         1.3650-1.3750

Euro                 1.4700-1.4800

Sterling            1.6700-1.6800

Comments (0)
20.03.2023
Central Bankers continue to help the US banking system to survive during the collapse, while Canada is going to continue the interest rate hiking game

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

US Dollar         1.3650-1.3750

Euro                 1.4650-1.4750

Sterling            1.6700-1.6800

Comments (0)
17.03.2023
The US dollar lost some strength in the morning cause the First Republic got an infusion from American banking giants to avert the crisis

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

US Dollar         1.3700-1.3800

Euro                 1.4525-1.4625

Sterling            1.6550-1.6650

Comments (0)
16.03.2023
The news about the bailout for Credit Suisse provoked a recovery of the stock market and slight depreciation of the dollar

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

US Dollar         1.3700-1.3800

Euro                 1.4525-1.4625

Sterling            1.6500-1.6600

Comments (0)