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Blog, page 55

21.08.2023
The Loonie took an advantage today of the Greenback weakness and jump in the oil price

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

US Dollar         1.3450-1.3550

Euro                 1.4700-1.4800

Sterling            1.7200-1.7300

Comments (0)
16.08.2023
It is supposed that the Greenback will take advantage if stocks continue to decrease

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

US Dollar         1.3350-1.3450

Euro                 1.4700-1.4800

Sterling            1.7150-1.7250

Comments (0)
10.08.2023
There are some concerns that the rise in energy price force the inflation index to go higher

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

US Dollar         1.3350-1.3450

Euro                 1.4700-1.4800

Sterling            1.7050-1.7150

Comments (0)
09.08.2023
Chinese markets require another stimulus as the consumer sector fell into deflation

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

US Dollar         1.3400-1.3500

Euro                 1.4700-1.4800

Sterling            1.7050-1.7150

Comments (0)
08.08.2023
The latest Chinese economic news stressed the North American market and pushed the U.S. Dollar up

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

US Dollar         1.3400-1.3500

Euro                 1.4700-1.4800

Sterling            1.7100-1.7200

Comments (0)
04.08.2023
The US economy creates 187,000 new jobs in July, lower than expected

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

US Dollar         1.3325-1.3425

Euro                 1.4600-1.4700

Sterling            1.6950-1.7050

Comments (0)
02.08.2023
The Fitch debt rating agency downgraded the US credit rating from AAA to AA+

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

US Dollar         1.3250-1.3350

Euro                 1.4550-1.4650

Sterling            1.6950-1.7050

Comments (0)
01.08.2023
The GBP was affected by another interest rate hike which is hurting the UK economy

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

US Dollar         1.3250-1.3350

Euro                 1.4500-1.4600

Sterling            1.6900-1.7000

Comments (0)
31.07.2023
Pressure on the Greenback continues as the Fed is supposed to pause the interest rate hikes, while the European Central Bank is continuing raising it

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

US Dollar         1.3200-1.3300

Euro                 1.4550-1.4650

Sterling            1.6950-1.7050

Comments (0)
28.07.2023
American economic numbers show that the economy is expected to narrowly dodge a recession

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

US Dollar         1.3200-1.3300

Euro                 1.4500-1.4600

Sterling            1.6950-1.7050

Comments (0)