Daily Canada Exchange House Commentary - Page 6

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

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

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

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

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

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

2026-05-05

Shipping Disruptions in Strait of Hormuz as US–Iran Clashes Escalate, Driving Oil Prices Higher

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

US Dollar 1.3490-1.3740

Euro 1.5790-1.6040

Sterling 1.8300-1.8550

2026-05-04

Oil Above $100 and Hormuz Tensions Dominate Markets, Driving Short-Term CAD Support

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

US Dollar 1.3480-1.3730

Euro 1.5800-1.6050

Sterling 1.8300-1.8550

2026-04-30

Gold Rallies as Rising Risk of U.S. Military Action in Iran Drives Oil to Wartime Highs

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

US Dollar 1.3550-1.3800

Euro 1.5950-1.6200

Sterling 1.8340-1.8590

2026-04-29

UAE Exit from OPEC Signals Shift in Global Oil Supply Dynamics

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

US Dollar 1.3560-1.3810

Euro 1.5940-1.6190

Sterling 1.8360-1.8610

2026-04-28

Global Central Banks Take Center Stage as BoJ Turns Hawkish and Fed Leadership Shift Looms

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

US Dollar 1.3550-1.3800

Euro 1.5850-1.6100

Sterling 1.8290-1.8540

2026-04-27

Fed Holds Rates in Final Powell Meeting as Leadership Transition and Iran Tensions Drive Global Uncertainty

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

US Dollar 1.3490-1.3740

Euro 1.5860-1.6110

Sterling 1.8330-1.8580