February 2023: FX Outlook
Economic Outlook and Summary January closed with traders in an optimistic mood. The S&P 500 finished the month with a 6.18% gain […]February 6 2023Read more
Canadian Dollar Update, February 6, 2023 – Canadian dollar rangebound
USD/CAD Open: 1.3439-44, Overnight Range: 1.3399-1.3444, Previous Close: 1.3402 WTI Oil open at $73.91 and gold open at $1,872.02. US markets are […]February 6 2023Read more
Canadian Dollar Update, February 3, 2023 – Canadian dollar gives back gains
USD/CAD Open: 1.3344-48, Overnight Range: 1.3314-1.3373, Previous Close: 1.3316 WTI Oil open at $75.80 and gold open at $1,911.99. US markets are […]February 3 2023Read more
Canadian Dollar Update, February 2, 2023 – Canadian dollar feeling perky
USD/CAD Open: 1.3294-98, Overnight Range: 1.3264-1.3296, Previous Close: 1.3291 WTI Oil open at $76.45 and gold open at $1,952.70. US markets are […]February 2 2023Read more
Canadian Dollar Update, February 1, 2023 – Canadian dollar retesting resistance
USD/CAD Open: 1.3309-13, Overnight Range: 1.3291-1.3323, Previous Close: 1.3307 WTI Oil open at $78.90 and gold open at $1,926.43. US markets are […]February 1 2023Read more
Canadian Dollar Update, January 31, 2023 – Canadian dollar gives back gains
USD/CAD Open: 1.3466-70, Overnight Range: 1.3380-1.3468, Previous Close: 1.3387 WTI Oil open at $76.75 and gold open at $1,905.13. US markets are […]January 31 2023Read more
Canadian Dollar Update, January 30, 2023 – Canadian dollar firming
USD/CAD Open: 1.3316-20, Overnight Range: 1.3302-1.3352, Previous Close: 1.3222 WTI Oil open at $79.76 and gold open at $1,930.51. US markets are […]January 30 2023Read more
Canadian Dollar Update, January 27, 2023 – Canadian dollar inching higher
USD/CAD Open: 1.3316-20, Overnight Range: 1.3314-1.3345, Previous Close: 1.3322 WTI Oil open at $82.08 and gold open at $1,928.45. US markets are […]January 27 2023Read more
Canadian Dollar Update, January 26, 2023 – Canadian dollar digesting Bank of Canada decision
USD/CAD Open: 1.3383-87, Overnight Range: 1.3372-1.3406, Previous Close: 1.3372 WTI Oil open at $80.71 and gold open at $1,936.62. US markets are […]January 26 2023Read more
Canadian Dollar Update, January 25, 2023 – Canadian dollar counting down to BoC meeting
USD/CAD Open: 1.3378-82, Overnight Range: 1.3346-1.3383, Previous Close: 1.3368 WTI Oil open at $80.00 and gold open at $1,925.56. US markets are […]January 25 2023Read 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.
