Daily Canada Exchange House Commentary

2026-05-27
Markets Await US-Iran Peace Deal as Fed Rate Hike Bets Keep USD/CAD Bullish

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

US Dollar        1.3710-1.3960

Euro                1.5970-1.6220

Sterling           1.8460-1.8710

Details
2026-05-25
CAD Under Pressure as Oil Extends Losses on Peace Deal Optimism

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

US Dollar        1.3690-1.3940

Euro                1.5960-1.6210

Sterling           1.8520-1.8770

Details
2026-05-21
Oil Slides on US-Iran Breakthrough Hopes, Shifting Focus to Fed Rate Path

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

US Dollar        1.3640-1.3890

Euro                1.5850-1.6100

Sterling           1.8370-1.8620

Details
2026-05-20
Fed Rate Hike Fears and Iran Tensions Keep USD Near Six-Week High

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

US Dollar        1.3650-1.3900

Euro                1.5840-1.6090

Sterling           1.8310-1.8560

Details
2026-05-19
Gold Steady Above Key Support as Geopolitics and Central Banks Drive Sentiment

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

US Dollar        1.3620-1.3870

Euro                1.5860-1.6110

Sterling           1.8290-1.8540

Details
2026-05-15
USD Strengthens on Strong Retail Sales and Rising Fed Tightening Expectations

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

US Dollar        1.3630-1.3780

Euro                1.5870-1.6120

Sterling           1.8240-1.8590

Details
2026-05-14
Trump-Xi Summit Eases Market Fears as Leaders Push for Economic Cooperation and Open Strait of Hormuz

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

US Dollar        1.3600-1.3750

Euro                1.5930-1.6180

Sterling           1.8420-1.8670

Details
2026-05-13
US Inflation Jumps to 3.8%, Fueling Fed Rate Hike Bets and Boosting the Dollar

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

US Dollar        1.3850-1.3730

Euro                1.5910-1.6160

Sterling           1.8380-1.8630

Details
2026-05-12
Trump Rejects Iran Proposal, Keeping Hormuz Crisis and Oil Rally Alive

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

US Dollar        1.3590-1.3740

Euro                1.5970-1.6220

Sterling           1.8430-1.8680

Details
2026-05-11
US and Canadian Inflation Outlook Diverges as Oil Shock Reshapes Market Expectations

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

US Dollar        1.3540-1.3790

Euro                1.5960-1.6210

Sterling           1.8480-1.8730

Details
2026-05-08
Markets Focus on Crucial US & Canada Jobs Data as US-Iran Tensions and Oil Prices Drive USD/CAD

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

US Dollar        1.3520-1.3770

Euro                1.5930-1.6180

Sterling           1.8440-1.8690

Details
2026-05-06
Gold Hits One-Week High Amid Optimism Over US-Iran Ceasefire

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

US Dollar        1.3470-1.3720

Euro                1.5900-1.6150

Sterling           1.8310-1.8560

Details