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Blog, page 9

28.11.2023
The U.S. Dollar index hits its lowest point since August

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

US Dollar        1.3550-1.3650

Euro                1.4850-1.4950

Sterling           1.7100-1.7200

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27.11.2023
Bond prices rise indicating the U.S. interest rate decline

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

US Dollar        1.3600-1.3700

Euro                1.4900-1.5000

Sterling           1.7200-1.7300

Comments (0)
22.11.2023
Canada’s inflation rate slowed to 3.1%, lower than market expectations

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

US Dollar        1.3675-1.3775

Euro                1.4925-1.5025

Sterling           1.7150-1.7250

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21.11.2023
Increasing interest rates seem to be decelerating inflation at the cost of slowing Canadian economy

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

US Dollar        1.3675-1.3775

Euro                1.4950-1.5050

Sterling           1.7150-1.7250

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20.11.2023
The Greenback fell to a two-month low

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

US Dollar        1.3675-1.3775

Euro                1.4900-1.5000

Sterling           1.7050-1.7150

Comments (0)
17.11.2023
The Greenback weakened today on a drop in the oil price alongside dropping interest rates

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

US Dollar        1.3675-1.3775

Euro                1.4850-1.4950

Sterling           1.7000-1.7100

Comments (0)
16.11.2023
The Loonie continues to be subject to the whims of the Greenback

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

US Dollar        1.3675-1.3775

Euro                1.4850-1.4950

Sterling           1.6950-1.7050

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15.11.2023
The U.S. inflation showed signs of moderating, which strengthened the stock market

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

US Dollar        1.3600-1.3700

Euro                1.4800-1.4900

Sterling           1.6950-1.7050

Comments (0)
06.11.2023
Due to the EU and the UK's poor economic performance, there is no currency to take on the Greenback

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

US Dollar        1.3650-1.3750

Euro                1.4650-1.4750

Sterling           1.6900-1.7000

Comments (0)
03.11.2023
The stock market took advantage of the latest Fed’s interest rate announcement

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

US Dollar        1.3700-1.3800

Euro                1.4550-1.4650

Sterling           1.6750-1.6850

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