Canadian Dollar Update – Canadian dollar looking for direction
FOMC minutes suggest rates likely to remain unchanged for longer. Trump tosses out conciliatory trade comment about China USD trading slower […]February 20 2025Read more
Canadian Dollar Update – Canadian dollar snowbound
Canadian inflation not expected to have much impact on FX. Focus is on US/Russia talks in Saudia Arabia. USD opens with […]February 18 2025Read more
Canadian Dollar Update – Canadian dollar breaks higher
Relief rally lifts Loonie US reciprocal tariffs delayed until April USD opens defensively The Canadian dollar surged yesterday, crashing through resistance […]February 14 2025Read more
Canadian Dollar Update – Canadian dollar firm attempting to rally
Possible Ukraine/Russia peace talks boost risk sentiment Canada could face more Trump tariffs today. USD opens rangebound and mixed. USDCAD: open […]February 13 2025Read more
Canadian Dollar Update – Canadian dollar firm but rangebound
Canadian dollar awaiting US inflation data. Fed Chair Powell testifies again-this time to the House at 10:00 am. USD opens on […]February 12 2025Read more
Canadian Dollar Update – Canadian dollar steady
Canadian dollar shrugs off latest Trump tariff Fed Chair Powell testifies at 3:00 pm USD opens with modest gains after cautious […]February 11 2025Read more
Canadian Dollar Update – Canadian dollar on tariff watch
Canadian dollar sinks then climbs on latest Trump tariff salvo New Trump tariffs sour risk sentiment. USD opens higher-EURUSD loses the most. […]February 10 2025Read more
Canadian Dollar Update – Canadian dollar on job watch
Upside risk to Canada job gain forecast of 25,000. NFP revisions are key to US dollar trading today. USD opens little […]February 7 2025Read more
Canadian Dollar Update – Canadian dollar rallies sharply
Canadian dollar returns to early January level. Global risk sentiment improves after China’s “measured” tariff retaliation. US dollar on the defensive […]February 5 2025Read more
FX Monthly Update | February 2025
Economic Outlook and Summary As the month progressed, Trump’s tariff threat level ratcheted higher and then came to a head on January […]February 5 2025Read more
Canadian Dollar Forecast
KnightsbridgeFX is your authoritative source for Canadian dollar forecast and update information. Find out how oil prices, interest rate activity, and the Coronavirus/COVID-19 are likely to affect the CAD, and its relationship to the USD. Stay abreast on what the Bank of Canada and Central Bank are doing, as well as how the CAD is doing against the Greenback.
