Canadian Dollar Update – Canadian dollar crushed by Government drama
Liberal government in turmoil Canada inflation and US Retail Sales ahead. US dollar little changed but opens mixed. USDCAD: open: 1.4292, overnight […]December 18 2024Read more
Canadian Dollar Update – Canadian dollar weighed down
BoC Governor Macklem speaking this afternoon Canada Fall Economic Statement today. US dollar trading negatively. USDCAD: open: 1.4242, overnight range,1.4217-1.4239, close […]December 16 2024Read more
Canadian Dollar Update – Canadian dollar falling off a cliff
Divergent Canadian and US economic outlooks sinking Loonie. Markets take a breather ahead of next week’s FOMC meeting. US dollar in demand […]December 13 2024Read more
Canadian Dollar Update – Canadian dollar remains weak
BoC cut rates by 50 bps in a sign that the economy is weak Fed on track to cut rates by 25 […]December 12 2024Read more
Canadian Dollar Update – Canadian dollar looking dodgy
Trump tariff threat weighing on Loonie. Expected 50 bp BoC rate cut drives Canadian dollar lower US dollar trading with a bid […]December 10 2024Read more
Canadian Dollar Update – Canadian dollar trading poorly
Bank of Canada expected to cut rates by 50 bps on Wednesday. US dollar trading with a bid but off its best […]December 10 2024Read more
Canadian Dollar Update – Canadian dollar awaiting jobs data
US expected to have added 200,000 jobs in November, Unemployment rate 4.2%. Canada forecast to have gained 25,000 jobs vs 14,500 in […]December 7 2024Read more
Knightsbridge FX on CBC News – How to beat losses from the low loonie
Knightsbridge FX, President Rahim Madhavji on CBC News discussing the latest Canadian Dollar update. See video by clicking https://www.cbc.ca/player/play/video/9.6574404December 6 2024Read more
Canadian Dollar Update – Canadian dollar idling
Fed Powell preaches patience Market focus shifts to US jobs data on Friday. US dollar drifts lower in quiet session. USDCAD: […]December 5 2024Read more
Canadian Dollar Update – Canadian dollar sinks as risk aversion rises
French and South Korean politics boost risk aversion sentiment. Fed Chair Powell speaking in NY today. US dollar gets a safe-haven […]December 4 2024Read 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.
