How to Cash a Cheque Without Bank Account in Canada
Close to one million Canadians (three percent) are unbanked, meaning they don’t have any relationship with mainstream financial institutions. If this is […]October 22 2021Read more
Canadian Dollar Update, October 22, 2021 – Canadian dollar awaiting Retail Sales data
USD/CAD Open: 1.2331-35, Overnight Range: 1.2325-1.2373, Previous Close: 1.2370 WTI Oil is at $82.96 and gold is at $1,802.60. US markets are […]October 22 2021Read more
Canadian Dollar Update, October 21, 2021 – Canadian dollar hits three-month peak
USD/CAD Open: 1.2332-36, Overnight Range: 1.2290-1.2344, Previous Close: 1.2320 WTI Oil is at $81.12 and gold is at $1,780.50. US markets are […]October 21 2021Read more
Canadian Dollar Update, October 20, 2021 – Canadian dollar awaiting inflation data
USD/CAD Open: 1.2348-52, Overnight Range: 1.2338-1.2366, Previous Close: 1.2366 WTI Oil is at $82.14 and gold is at $1,781.80. US markets are […]October 20 2021Read more
Canadian Dollar Update, October 19, 2021 – Canadian dollar extends gains
USD/CAD Open: 1.2319-23, Overnight Range: 1.2319-1.2381, Previous Close: 1.2379 WTI Oil is at $83.49 and gold is at $1,770.40. US markets are […]October 19 2021Read more
What Is Leverage Trading? How Does It Work?
In trading, you can stress less by putting down less initial capital when doing leverage trading. However, you first need to know […]October 19 2021Read more
What Is A Trailing Stop Loss in Forex?
A trailing stop loss is one of the stop-loss orders that collaborates risk management and trade management. Trailing stops are also called […]October 19 2021Read more
Canadian Dollar Update, October 18, 2021 – Canadian dollar rally stalls
USD/CAD Open: 1.2391-95, Overnight Range: 1.2351-1.2408, Previous Close: 1.2363 WTI Oil is at $82.45 and gold is at $1,764.50. US markets are […]October 18 2021Read more
October 2021: FX Outlook
Economic Outlook and Summary The greenback rallies as investors look to it when China and OPEC countries look uncertain. The loonie weakens […]October 17 2021Read more
Canadian Dollar Update, October 15, 2021 – Canadian dollar extends gains
USD/CAD Open: 1.2344-48, Overnight Range: 1.2336-1.2397, Previous Close: 1.2368 WTI Oil is at $82.07 and gold is at $1,768.80. US markets are […]October 15 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.