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Blog, page 8

07.03.2024
Market Dynamics: Fed Chair Powell's Comments Drive Dollar Weakness, Yen Strengthens, and Canadian Dollar Holds Ground

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

US Dollar        1.3475-1.3575

Euro                1.4650-1.4750

Sterling           1.7150-1.7250

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06.03.2024
Market Watch: Fed Chair Powell's Testimony and Bank of Canada Interest Rate Announcement Awaited

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

US Dollar        1.3525-1.3625

Euro                1.4700-1.4800

Sterling           1.7200-1.7300

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04.03.2024
Market Outlook: Quiet Start as US Dollar Softens, Eyes on Central Bank Meetings and Bitcoin Surge

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

US Dollar        1.3500-1.3600

Euro                1.4700-1.4800

Sterling           1.7150-1.7250

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01.03.2024
US Dollar Holds Steady Amidst Inflation Concerns: Fed's Stance and Market Outlook

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

US Dollar        1.3550-1.3650

Euro                1.4650-1.4750

Sterling           1.7125-1.7225

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28.02.2024
GDP report shows that the U.S. economy’s fourth-quarter growth rate dropped to 3.2%

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

US Dollar        1.3550-1.3650

Euro                1.4650-1.4750

Sterling           1.7150-1.7250

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27.02.2024
Insights into the US Dollar and Canadian Loonie ahead of key economic data releases

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

US Dollar        1.3450-1.3550

Euro                1.4600-1.4700

Sterling           1.7050-1.7150

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26.02.2024
It is expected that the U.S. CORE PCE index will show an increase in the inflation rate

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

US Dollar        1.3450-1.3550

Euro                1.4650-1.4750

Sterling           1.7100-1.7200

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22.02.2024
The UK and Europe’s economy has performed better than expected in January

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

US Dollar        1.3400-1.3500

Euro                1.4550-1.4650

Sterling           1.7000-1.7100

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20.02.2024
It is expected that this week will bring significant updates on Loonie and US interest rates

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

US Dollar        1.3415-1.3550

Euro                1.4500-1.4600

Sterling           1.6950-1.7050

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16.02.2024
US Dollar Dips on Weaker Retail Sales, Investors Cautious; Canadian Dollar Holds Steady Amid Quiet Overnight Trading

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

US Dollar        1.3450-1.3550

Euro                1.4450-1.4550

Sterling           1.6950-1.7050

 

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