Canadian Dollar Update – Canadian dollar in holiday mode
US Michigan Consumer Sentiment ahead. US dollar remains on the defensive after soft data yesterday. USDCAD: open 1.3962, overnight range 1.3935-1.3969, close […]May 17 2025Read more
Canadian Dollar Update – Canadian dollar stuck in a rut
WTI oil prices fall 3.8% on possible US/Iran nuclear deal. US Retail Sales and speech by Powell in focus today. US dollar […]May 15 2025Read more
Canadian Dollar Update – Canadian dollar slide on China/US tariff detente
US/China: US claims “a deal”—China “important consensus” Equities and greenback soar, Treasury yields rise. US dollar rebounds with gains across the board […]May 12 2025Read more
Canadian Dollar Update – Canadian dollar on the back foot
Canada expected to recoup last months job losses. US/UK trade announcement is no deal, merely hyperbole US dollar opening with gains compared […]May 9 2025Read more
Canadian Dollar Update – Canadian dollar sentiment turns negative.
UK/US trade deal announcement at 10:00 am Bank of England cuts rates by 25 bps, as expected US dollar rallies across the […]May 8 2025Read more
Canadian Dollar Update – Canadian dollar rises on news China/US to meet
FOMC meeting today-rates to be left unchanged. Trump blinks and China agrees to meet—in Switzerland US dollar trading with a mixed bias […]May 7 2025Read more
Canadian Dollar Update – Canadian dollar awaiting outcome of Carney/Trump meeting
US/CAD bilateral trade negotiations are in the spotlight. Hong Kong Monetary Authority says it is diversifying from US assets. US dollar claws […]May 6 2025Read more
Canadian Dollar Update – Canadian dollar grinding out gains
Opec says it will increase production by another 411k barrels/day in June. China, and UK closed for holiday. US dollar trading with […]May 5 2025Read more
FX Monthly Update | May 2025
Economic Outlook and Summary April delivered another body blow to global markets. President Trump’s April 2 announcement of a 10% tariff on […]May 2 2025Read more
Canadian Dollar Update – Canadian dollar steady ahead of US jobs data
Risk sentiment improves as US/China trade tensions thaw. US NFP expect to rise 130,000 vs 228,000 in April. US dollar opens mostly […]May 2 2025Read 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.
