Expert, money saving updates, forecasts & tips on the CAD exchange

Find out how to maximize your savings when exchanging currency, how to benefit from free international wire transfers and get more for your dollars.

Canadian Dollar Update, December 3, 2021 – Canadian dollar soft ahead of Jobs data
USD/CAD Open: 1.2837-41, Overnight Range: 1.2805-1.2844, Previous Close: 1.2806 WTI Oil is at $67.96 and gold is at $1,769.50. US markets are […]
December 3 2021Read more
Canadian Dollar Update, December 2, 2021 – Canadian dollar has low oil price blues
USD/CAD Open: 1.2798-02, Overnight Range: 1.2781-1.2827, Previous Close: 1.2823 WTI Oil is at $66.59 and gold is at $1,766.50. US markets are […]
December 2 2021Read more
Canadian Dollar Update, December 1, 2021 – Canadian dollar dodges disaster
USD/CAD Open: 1.2749-53, Overnight Range: 1.2728-1.2785, Previous Close: 1.2779 WTI Oil is at $67.76 and gold is at $1,786.10. US markets are […]
December 1 2021Read more
Canadian Dollar Update, November 30, 2021 – Canadian dollar dives on Omicron
USD/CAD Open: 1.2780-84, Overnight Range: 1.2733-1.2811, Previous Close: 1.2738 WTI Oil is at $65.33 and gold is at $1,775.50. US markets are […]
November 30 2021Read more
Canadian Dollar Update, November 29, 2021 – Canadian dollar recoups some losses
USD/CAD Open: 1.2738-42, Overnight Range: 1.2723-1.2773, Previous Close: 1.2791 WTI Oil is at $70.99 and gold is at $1,783.30. US markets are […]
November 29 2021Read more
Canadian Dollar Update, November 26, 2021 – Canadian dollar plunges
USD/CAD Open: 1.2758-62, Overnight Range: 1.2650-1.2772, Previous Close: 1.2648 WTI Oil is at $68.17 and gold is at $1,792.30. US markets are […]
November 26 2021Read more
What is the Function of Currency Futures?
You might have come across the term currency futures but may not know what it entails. If you are a forex trader […]
November 26 2021Read more
What is the Purpose of the Interbank Market?
The interbank market is a global financial market for exchanging currencies. It is the largest and most liquid financial market globally, with […]
November 26 2021Read more
How Does Managed Floating Exchange Rate Work?
Since the Great Recession of 2007-2009, many countries have been trying to find ways to stimulate their economy. Most of these countries […]
November 26 2021Read more
Canadian Dollar Update, November 25, 2021 – Canadian dollar inches higher
USD/CAD Open: 1.2663-67, Overnight Range: 1.2643-1.2669, Previous Close: 1.2667 WTI Oil is at $77.89 and gold is at $1,788.20. US markets are […]
November 25 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.