Canadian Dollar Update – Canadian dollar drifting down
Risk aversion soars as tariff day nears Economic data takes a back seat to headlines. US dollar opens broadly mixed-Safe-haven currencies gain […]March 31 2025Read more
Canadian Dollar Update – Canadian dollar under pressure
US Core PCE Index expected to rise to 2.7% from 2.6% y/y Canada GDP expected to have ticked higher in January. US […]March 28 2025Read more
Canadian Dollar Update – Canadian dollar ignores tariffs
Trump slaps tariffs on autos. Tariff noise will overshadow US GDP data. USD dollar opens mixed to a tad softer compared to […]March 27 2025Read more
Canadian Dollar Update – Canadian dollar grinding out gains
Loonie traders ignoring tariff threats. Canadians hoping to avoid the worst of Trump’s tariffs. USD dollar opens with modest losses. USDCAD: open […]March 27 2025Read more
Canadian Dollar Update – Canadian dollar testing resistance
Improved risk sentiment on Tariff walk-back lifts Loonie. US consumers may not be very confident. USD trading defensively but inside well-defined ranges. […]March 25 2025Read more
Canadian Dollar Update – Canadian dollar drifting higher
Canadian Federal election April 28-beware of polls US may water down April 2 tariffs. USD opens slightly lower across the board on […]March 24 2025Read more
Canadian Dollar Update – Canadian dollar trading sideways
Canada retail Sales expected to have shrunk by 0.4% in January. Trump and Defence Secretary to speak at 11:00 am USD […]March 22 2025Read more
Canadian Dollar Update – Canadian dollar sinks after FOMC
FOMC is less dovish than expected Bank of England leaves rates unchanged at 4.50% USD dollar rebounds on Fed rate outlook. USDCAD: […]March 20 2025Read more
Canadian Dollar Update – Canadian dollar treading water until FOMC
Fed to leave rates unchanged and issue a cautious-sounding statement. Bank of Japan leaves rates unchanged again. USD dollar opens with small […]March 19 2025Read more
Does PayPal Operate in Canada? Everything You Need to Know
Are you a PayPal user wondering, “Does PayPal work in Canada?”—the answer is yes. PayPal is a widely used digital payment platform […]March 19 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.
