How Does High Inflation Rate Affect a Country’s Currency
Inflation and currency exchange rates are directly related. Any change in inflation rates will affect the exchange rates positively or negatively. Inflation […]June 10 2021Read more
How Does Foreign Exchange Swap Work?
A foreign exchange swap is an agreement between two parties involving simultaneous borrowing and lending. The swaps help protect the parties involved […]June 10 2021Read more
Do Banks Exchange Currency And How Much Do They Charge
Do banks exchange currency? Yes. Banks are among the most prominent financial institutions that provide currency exchange services in Canada. Whether you […]June 10 2021Read more
Canadian Dollar Update, June 9, 2021 – Canadian Dollar Supported by Higher Oil Prices
USD/CAD Open: 1.2086-90, Overnight Range: 1.2078-1.2115, Previous Close: 1.2117 WTI Oil is at $69.64 and gold is at $1,893.20. US markets are […]June 9 2021Read more
Canadian Dollar Update, June 8, 2021 – Canadian Dollar Drifts with Positive Bias
USD/CAD Open: 1.2083-87, Overnight Range: 1.2078-1.2093, Previous Close: 1.2083 WTI Oil is at $70.01 and gold is at $1,896.00. US markets are […]June 8 2021Read more
Canadian Dollar Update, June 7, 2021 – Canadian Dollar Ignores Weak Domestic Jobs Data
USD/CAD Open: 1.2083-87, Overnight Range: 1.2075-1.2105, Previous Close: 1.2080 WTI Oil is at $69.23 and gold is at $1,902.50. US markets are […]June 7 2021Read more
Canadian Dollar Update, June 4, 2021 – Canadian Dollar Ignoring Oil Rally
USD/CAD Open: 1.2121-25, Overnight Range: 1.2106-1.2128, Previous Close: 1.2110 WTI Oil is at $69.41 and gold is at $1,893.10. US markets are […]June 4 2021Read more
Investing in Real-Estate Market During COVID-19: Trends and Opportunities
Despite the current COVID-19 pandemic, the real estate market continues to endure disasters and proves itself a generally reliable investment. Property investment […]June 4 2021Read more
Canadian Dollar Update, June 2, 2021 – Canadian Dollar Revisiting Support
USD/CAD Open: 1.2076-80, Overnight Range: 1.2059-1.2087, Previous Close: 1.2071 WTI Oil is at $68.75 and gold is at $1,909.80. US markets are […]June 2 2021Read more
Why is the Canadian Dollar so Low compared to the U.S.?
Canadian dollar’s downward trajectory against the USD started in 2015 when the loonie sunk significantly against the U.S. dollar. Since then, it […]June 2 2021Read 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.
