Blog

Canadian Dollar FX Update January 17, 2019

USD/CAD Open: 1.3312-1.3313      Overnight Range:     1.3244-1.3319 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $51.45 and gold is at $1,290.  US markets are lower. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3356.  Support is at 1.3241. […]

By KBFX | January 17, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 16, 2019

USD/CAD Open: 1.3249-1.3250      Overnight Range:     1.3245-1.3285 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $51.92 and gold is at $1,291.  US markets are higher. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3283.  Support is at 1.3241. […]

By KBFX | January 16, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 14, 2019

USD/CAD Open: 1.3276-1.3277      Overnight Range:     1.3253-1.3298 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $51.12 and gold is at $1,293.  US markets are higher. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3304.  Support is at 1.3238. […]

By KBFX | January 14, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 11, 2019

USD/CAD Open: 1.3259-1.3260      Overnight Range:     1.3182-1.3269 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $52.91 and gold is at $1,292.  US markets are lower. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3283.  Support is at 1.3184. […]

By KBFX | January 11, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Monthly Outlook January 2019

Economic Outlook and Summary As we saw late last year, our CAD depreciated by 8% against the USD. As it turns out, so far, we have seen the USD now dramatically dropping. This is particularly due to the return of risk taking after the collapse in the global stock market last year. Therefore, for the […]

By KBFX | January 10, 2019 | Monthly Outlook on the Canadian Dollar | 0 comments Read more >