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Blog, page 59

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

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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

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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

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15.03.2023
It is expected that the Fed will continue to fight high inflation and increase interest rates in order to hide panic about the current banking crisis

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

US Dollar         1.3750-1.3850

Euro                 1.4500-1.4600

Sterling            1.6550-1.6650

Comments (0)
13.03.2023
Stocks continue to suffer and the Greenback lost some strength this weekend after the collapse of Silicon Valley Bank and Signature Bank

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

US Dollar         1.3750-1.3850

Euro                 1.4650-1.4750

Sterling            1.6600-1.6700

Comments (0)
10.03.2023
Employment report shows that the US and Canada created 311К and 21.8K respectively

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

US Dollar         1.3800-1.3900

Euro                 1.4600-1.4700

Sterling            1.6550-1.6660

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09.03.2023
The US employment report can push the greenback to go up higher

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

US Dollar         1.3750-1.3850

Euro                 1.4525-1.4625

Sterling            1.6400-1.6500

 

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08.03.2023
US Fed is likely to raise the interest rate higher than expected, while the Bank of Canada holds the key interest rate steady at 4.5%

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

US Dollar         1.3700-1.3800

Euro                 1.4450-1.4550

Sterling            1.6250-1.6350

Comments (0)
07.03.2023
The Australian dollar dropped overnight due to the Reserve Bank’s decision to raise the interest rate by 0.25%

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

US Dollar         1.3600-1.3700

Euro                 1.4400-1.4500

Sterling            1.6325-1.6425

Comments (0)
06.03.2023
American dollar appreciates ahead of Powell's testimony to Congress

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

US Dollar        1.3600-1.3700

Euro                1.4450-1.4650

Sterling           1.6300-1.6400

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