Daily Canada Exchange House Commentary - Page 2

2026-06-12

Trump's Iran Peace Deal Signals Send Oil to Two-Month Low

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

US Dollar 1.3870-1.4120

Euro 1.6070-1.6320

Sterling 1.8640-1.8890

2026-06-11

US Inflation Surges to Two-Year High as Iran Conflict Fuels Energy Prices

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

US Dollar 1.3860-1.4110

Euro 1.5990-1.6240

Sterling 1.8540-1.8790

2026-06-10

Gold Under Pressure as Traders Brace for Further Fed Tightening

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

US Dollar 1.3810-1.4060

Euro 1.5970-1.6220

Sterling 1.8530-1.8780

2026-06-09

Markets Welcome Israel-Iran Truce as Oil Prices Retreat

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

US Dollar 1.3800-1.4050

Euro 1.5990-1.6240

Sterling 1.8530-1.8780

2026-06-08

Dollar Rallies as Robust US Jobs Report Boosts Rate Hike Odds

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

US Dollar 1.3820-1.4070

Euro 1.5950-1.6200

Sterling 1.8500-1.8750

2026-06-05

Canada Jobs Report in Focus as Markets Await Key Labour Data

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

US Dollar 1.3760-1.4010

Euro 1.6030-1.6280

Sterling 1.8580-1.8830

2026-06-04

Fed Rate Hike Odds Jump as U.S. Labor Market Remains Resilient

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

US Dollar 1.3770-1.4020

Euro 1.6050-1.6300

Sterling 1.8580-1.8830

2026-06-03

Middle East Uncertainty Drives Oil Higher and Supports the US Dollar

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

US Dollar 1.3730-1.3980

Euro 1.5960-1.6210

Sterling 1.8500-1.8750

2026-06-02

Geopolitical Risks Return to Markets as Iran Threatens Key Shipping Routes

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

US Dollar 1.3710-1.3960

Euro 1.6000-1.6250

Sterling 1.8520-1.8770

2026-06-01

Canada Enters Technical Recession, Casting Doubt on BoC Rate Hikes

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

US Dollar 1.3700-1.3950

Euro 1.5880-1.6130

Sterling 1.8490-1.8740

2026-05-29

Oil Tumbles on Prospects of Strait of Hormuz Reopening

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

US Dollar 1.3680-1.3930

Euro 1.5950-1.6200

Sterling 1.8400-1.8650

2026-05-28

USD/CAD Climbs as Middle East Tensions and Fed Rate Hike Risks Boost Dollar

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

US Dollar 1.3730-1.3980

Euro 1.5960-1.6210

Sterling 1.8450-1.8700