Canadian Dollar Updates and Currency Blog

Canadian Dollar Update, October 8, 2026 – Canadian Dollar pressured by FOMC minutes

Canadian Dollar pressured by FOMC minutes FOMC minutes keep focus on December rate hike Oil prices rise US dollar opens with gains because of renewed risk aversion sentiment   USDCAD...

Canadian Dollar Update, October 7, 2026 – Canadian Dollar idling

Canadian Dollar idling FOMC minutes due this afternoon Oil prices consolidating but with a bit of a bid US dollar opens higher as Treasury yields climb   USDCAD open (6:00...

Canadian Dollar Update, October 6, 2026 – Canadian Dollar still standing

Canadian Dollar still standing WTI oil prices slide as Middle East supplies increase US and Canada trade data due US dollar consolidating its recent gains.   USDCAD open (6:00 am):...

Canadian Dollar Update, October 2, 2026 – Canadian Dollar peering into the abyss

Canadian Dollar peering into the abyss Soaring US Treasury yields drive greenback higher Iran and US talks appear to have stalled US dollar opens higher across the board   USDCAD...

Is KnightsbridgeFX actually cheaper than Wise, OFX, and the big Canadian banks for CAD to USD?

I run a currency exchange company, so I’m interested in how you convert your money. The rates and fees below are dated and sourced so you can check them yourself....

Canadian Dollar Update, September 29, 2026 – Canadian Dollar struggling

Canadian Dollar struggling US Treasury yields remain elevated, supporting US dollar Canada July GDP expected to show no growth US dollar opens higher across the board but eases modestly in...

Do you need to visit a branch to exchange currency in Canada?

Key takeaways You do not need to visit a branch to exchange currency in Canada unless you want banknotes in your hand, and even then you can exchange before you...

Is KnightsbridgeFX legit? Here is how to check for yourself

Yes. Knightsbridge Foreign Exchange Inc. is legit and has operated from Toronto since 2009. It is registered with FINTRAC as a money services business (registration M09819788) and is regulated by...

Canadian Dollar Update, September 25, 2026 – Canadian Dollar still submerged

Canadian Dollar still submerged Rising US Treasury yields continue to undermine Loonie Traders slightly optimistic around potential for  US/Iran deal US dollar is bid but gives back some of its...

Canadian Dollar Update, September 22, 2026 – Canadian Dollar submerging

Canadian Dollar submerging BoC Governor delivers neutral to hawkish comments Hopes for a deal to reopen Strait of Hormuz rise. US dollar opens steady but with a bid.   USDCAD...