Canadian Dollar Update – Canadian dollar on the ropes
USDCAD: open 1.4411, overnight range 1.4389-1.4441 close 1.4394, WTI $78.19, Gold, $2704.23 The Canadian Dollar is facing significant headwinds thanks to […]January 17 2025Read more
Canadian Dollar Update – Canadian dollar suffering from tariff threat
US data to take back seat to Trump’s pending inauguration. Canada Premiers draft retaliatory tariff plans USD traded quietly but opens […]January 16 2025Read more
Canadian Dollar Update – Canadian dollar continues to drift higher
US core-CPI expected to be unchanged in November. GBPUSD rallies on soft inflation numbers. USD consolidates lower following tame PPI data […]January 15 2025Read more
Canadian Dollar Update – Canadian dollar grinding higher
Risk sentiment improves on tariff story. US inflation data in focus. US dollar slides across the board USDCAD: open 1.4382, overnight range […]January 14 2025Read more
Canadian Dollar Update – Canadian dollar inching lower
Robust US jobs data could ignite renewed US dollar demand Canada’s LFS report expected to show 25,000 new jobs. USD idling […]January 10 2025Read more
Canadian Dollar Update – Canadian dollar adrift
Day of Mourning in USA-markets closed FOMC minutes confirm gradual easing. US dollar inches higher in quiet overnight session. USDCAD: open […]January 9 2025Read more
Canadian Dollar Update – Canadian dollar retreats
Widening CAD/US interest rate spreads weighing on Loonie. FOMC minutes due today. US dollar rebounds on sicky inflation data USDCAD: open 1.4371, […]January 9 2025Read more
Canadian Dollar Update – Canadian dollar trying to extend gains
USDCAD: open 1.4305, overnight range 1.4298-1.4350, close 1.4331, WTI $73.81, Gold, $2634.45 The Canadian dollar is hanging on to most of […]January 7 2025Read more
FX Monthly Update | January 2025
Economic Outlook and Summary December unfolded largely as expected. Robust economic data, central bank actions, and geopolitical factors served to underpin the […]January 7 2025Read more
Canadian Dollar Update – Canadian dollar gets a lift
Rumours of Trudeau stepping down as Prime Minister China acts to support CNY. US dollar starts first full week of trading […]January 7 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.
