Canadian Dollar Update, August 31, 2021 – Canadian dollar boosted by month-end demand
USD/CAD Open: 1.2584-88, Overnight Range: 1.2572-1.2624, Previous Close: 1.2606 WTI Oil is at $68.40 and gold is at $1,817.70. US markets are […]August 31 2021Read more
Fundamental Vs Technical Analysis: What Is The Difference?
Understanding the difference between fundamental vs. technical analysis is vital when planning to invest in the stock market. The two techniques help […]August 31 2021Read more
How To Use the Currency Strength Meter
Something you should never forget as a forex trader is how to use the currency strength meter. There are many currency pairs […]August 31 2021Read more
Canadian Dollar Update, August 30, 2021 – Canadian dollar bounces back
USD/CAD Open: 1.2614-18, Overnight Range: 1.2606-1.2633, Previous Close: 1.2620 WTI Oil is at $69.20 and gold is at $1,811.60. US markets are […]August 30 2021Read more
Tips on How To Hedge Against Currency Risk
Currency risk affects every business that operates internationally. So, if you run a global business or an investment that requires you to […]August 27 2021Read more
What Is the Relationship between Interest Rates and Exchange Rates
The relationship between the interest rate and the exchange rate is a significant determinant of a country’s economic health. Moreover, exchange rates […]August 27 2021Read more
Canadian Dollar Update, August 27, 2021 – Canadian Dollar Takes a Beating
USD/CAD Open: 1.2666-70, Overnight Range: 1.2661-1.2707, Previous Close: 1.2687 WTI Oil is at $68.67 and gold is at $1,804.40. US markets are […]August 27 2021Read more
Fiscal Vs. Monetary Policy: What is the Difference?
You’ve probably read about fiscal vs. monetary policy discussions on many platforms, and you might wonder how they differ. Since most economists […]August 26 2021Read more
How Does Canadian Monetary Policy Influence the Value of the Canadian Dollar?
If you participate in Canada’s foreign exchange market or international trade, it is vital to know the factors affecting the loonie’s value, […]August 26 2021Read more
Do You Have To Pay Taxes On Foreign Exchange Gains in Canada
According to CRA foreign exchange and tax rules, all Canadians must file tax returns for their income, including foreign exchange gains or […]August 26 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.
