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Canadian Dollar Update, August 3, 2021 – Canadian Dollar Retreats
USD/CAD Open: 1.2511-15, Overnight Range: 1.2460-1.2524, Previous Close: 1.2504 WTI Oil is at $70.26 and gold is at $1,814.10. US markets are […]August 3 2021Read more
What is Forex Scalping Strategy
You’ve probably heard about the forex scalping strategy, but you don’t understand how it works. Scalping is a trading strategy that specializes […]July 31 2021Read more
What is Currency Hedging?
One of the common terms you will come across as you do or study forex exchange is currency hedging. So let’s first […]July 31 2021Read more
What are Forex Options?
One of the common terms you will encounter when transacting or trading in the forex market is forex options. The good news […]July 31 2021Read more
Should You Be Using Your Credit Card Abroad?
When travelling overseas, you may consider using your credit card abroad to enjoy the convenience they come with. You won’t have to […]July 31 2021Read more
Is It Safe To Buy Foreign Currency Online
Whenever you want to buy foreign currency online, your number one priority should be the funds’ security. Many foreign currency providers claim […]July 31 2021Read more
How to Trade Forex for Beginners
You’ve probably heard people earning thousands and millions of dollars through forex trading, and you wonder how it works. But, if you […]July 31 2021Read more
How to Claim Foreign Tax Credit?
While Canadian residents are obligated to pay taxes on their global income, they can go for a foreign tax credit to reduce […]July 31 2021Read more
Foreign Direct Investment Opportunities in Canada
According to UNCTAD, the foreign direct investment in Canada amounted to 50 billion in 2019, a 16 percent increase compared to 2018. […]July 31 2021Read more
Different Emerging Market Currencies in 2021
The nations hanging between developing and developed countries are the emerging markets and use their emerging market currencies to trade. These countries […]July 30 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.
