Good Morning,
Today’s suggested range for
the Canadian dollar against the US Dollar is 1.0210 – 1.0285
Today’s suggested range for
the Canadian dollar against the Euro is 1.2825 – 1.2925
Today’s suggested range for
the Canadian dollar against Sterling is 1.6025 – 1.6125
The EUR/USD declined to 22 month lows at 1.2516 overnight on poor economic
data showing German PMI and German IFO index weaker than expected.
Since making new lows the Euro has bounced mostly on profit taking as the single
currency remains vulnerable to the threat of Greece leaving the Euro. The British Pound
is also off its worst levels from the overnight session as worse than expected GDP data undermined the currency. The sentiment remains US Dollar bullish but with the
market being so long expect interruptions in the trend, especially as we approach the
long weekend in the U.S. and position squaring. The Canadian dollar was stuck
between yesterday’s range and appears sidelined on the 1.02 level with no
economic releases today or tomorrow.
The Dow futures are pointing higher by 40 in pre-market trading helped by a bounce in both oil and gold overseas. In the U.S. today we have jobless claims and durable goods orders due out.
Have a great day!
GFX Morning Currency Rates
|
|||||||
Thursday, May 24 2012
|
|||||||
Currencies
|
7:00am Today's Opening
|
Yesterday's Opening
|
|||||
USD/CAD
|
1.0236
|
1.0228
|
|||||
CAD/USD
|
0.9769
|
0.9777
|
|||||
EUR/USD
|
1.2579
|
1.2646
|
|||||
EUR/CAD
|
1.2879
|
1.2935
|
|||||
STG/CAD
|
1.6048
|
1.6086
|
|||||
AUD/CAD
|
1.0015
|
0.9968
|
|||||
CAD/JPY
|
77.51
|
77.56
|
|||||
CAD/CHF
|
0.9321
|
0.9279
|
|||||
CAD/HKD
|
7.583
|
7.5928
|
|||||
CAD/CNY
|
6.1951
|
6.1903
|
|||||
CAD/MXN
|
13.6173
|
13.667
|
|||||
Commodities
|
|||||||
Gold
|
$1,566
|
$1,559
|
|||||
OIL
|
$90.96
|
$90.94
|
|||||
Option Volatility
|
|||||||
Canada
|
|||||||
O/N
|
15.03%
|
12.13%
|
|||||
1 Week
|
11.28%
|
10.24%
|
|||||
1 Month
|
11.50%
|
11.18%
|
|||||
No comments:
Post a Comment