Canadian Dollar Forecast and Updates

Knightsbridge FX keeps you to date on the latest Canadian Dollar forecast, updates and latest outlook. Stay informed on the latest CAD news, how it's doing relative to USD.

FX Monthly Outlook – September 2019

Economic Outlook and Summary After strong economic indicators demonstrated an increased probability of a recession in the U.S, investors will be looking towards the Federal Reserve as they expect a rate-cut of 25 basis points. Despite a strong August for employment and business activity, an inversion of the 10- and 2-year yield curve and the […]

By KBFX | September 17, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Update September 17, 2019 – Canadian Dollar trading in a narrow band

USD/CAD Open: 1.3240-1.3241 Overnight Range: 1.3234-1.3299 Oil is at $59.00 and gold is at $1,509.30. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3342. Support is at 1.3218. The Canadian dollar is outperforming the other commodity bloc currencies, (AUD and NZD) but still a tad weaker […]

By KBFX | | Daily Update | 0 comments Read more >

Canadian Dollar Update September 16, 2019 – Canadian Dollar rallies on oil price rise

USD/CAD Open: 1.3220-1.3221 Overnight Range: 1.3209-1.3266 Oil is at $60.12 and gold is at $1,508.60. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3274. Support is at 1.3214. The Canadian dollar gapped higher in Asia when oil prices surged upwards. West Texas Intermediate jumped to $63.15/barrel […]

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

Canadian Dollar Update September 13, 2019 – Canadian Dollar traders not feeling lucky

USD/CAD Open: 1.3209-1.3210 Overnight Range: 1.3202-1.3271 Oil is at $54.99 and gold is at $1,497.40. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3312. Support is at 1.3217. The Canadian dollar may have walked under a ladder, or maybe a black cat crossed its path. Whatever […]

By KBFX | September 13, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 12, 2019 – Canadian Dollar on the fence

USD/CAD Open: 1.3192-1.3193 Overnight Range: 1.3176-1.3218 Oil is at $54.32 and gold is at $1,522.10 US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3249. Support is at 1.3168. The Canadian dollar is sitting on the fence. It was struggling to make gains below the USDCAD level […]

By KBFX | September 12, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 11, 2019 – Canadian Dollar consolidating gains

USD/CAD Open: 1.3152-1.3153 Overnight Range: 1.3139-1.3170 Oil is at $57.58 and gold is at $1,500.00. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3177. Support is at 1.3138. The Canadian dollar is consolidating its recent gains. Last week’s robust employment report may have reduced the incentive […]

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

Canadian Dollar Update September 10, 2019 – Canadian Dollar supported by oil

USD/CAD Open: 1.3168-1.3169 Overnight Range: 1.3143-1.3191 Oil is at $58.57 and gold is at $1,503.40. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3196. Support is at 1.3109. The Canadian dollar is in demand. A steep rally in West Texas Intermediate (WTI) oil prices since the […]

By KBFX | September 10, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 9, 2019 – Canadian Dollar surges

USD/CAD Open: 1.3175-1.3176 Overnight Range: 1.3150-1.3177 Oil is at $57.44 and gold is at $1,517.60 US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3190. Support is at 1.3129. The Canadian dollar surged higher Friday and then consolidated those gains overnight. The Canadian dollar demand followed the […]

By KBFX | September 9, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 6, 2019 – Canadian dollar awaiting employment reports

USD/CAD Open: 1.3227-1.3228 Overnight Range: 1.3160-1.3244 Oil is at $55.10 and gold is at $1,533.00 US markets are mixed today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3202. Support is at 1.3150. The Canadian dollar rally stalled. Prices consolidated in a USDCAD range of 1.3198-1.3233 range overnight ahead of today’s […]

By KBFX | September 6, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 5, 2019 – Canadian Dollar rally kicks off

USD/CAD Open: 1.3222-1.3223 Overnight Range: 1.3191-1.3234 Oil is at $56.77 and gold is at $1,545.00. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3228. Support is at 1.3189. The Canadian dollar rallied yesterday and continued the move overnight. On Wednesday, the Bank of Canada left the […]

By KBFX | September 5, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Forecast

Knightsbridge FX is your authoritative source for Canadian dollar forecast and update information. Find out how oil prices interest rate activity are likely to affect the CAD. Stay abreast on what the Bank of Canada and Central Bank are doing, as well as how the CAD is doing against the Greenback.