FX Monthly Update | December 2024
Economic Outlook and Summary The Donald Trump show is returning for a four-year term beginning January 2025, but for all intents and […]December 4 2024Read more
Canadian Dollar Update – Canadian dollar could get JOLTED
JOLTS data on tap. Fed rate cut odds rise to 72%. US dollar opens modestly softer after quiet session overnight. USDCAD: […]December 3 2024Read more
Canadian Dollar Update – Canadian dollar trading sideways
Geopolitical tensions on display Canada September GDP expected to rise 0.3% compared to 0% in August. US dollar weighed down by month […]November 29 2024Read more
Canadian Dollar Update – Canadian dollar grinding higher
Global markets are uneventful due to US Thanksgiving. US dollar trading somewhat defensively due to month end. USDCAD: open 1.4005, overnight […]November 29 2024Read more
Canadian Dollar Update – Canadian dollar regrouping
US Markets close early today FOMC minutes prove to be a non-event US dollar a tad softer due to profit-taking. USDCAD: open […]November 28 2024Read more
Canadian Dollar Update – Canadian dollar plunges
Trump threatens 25% tariffs on Canada Upcoming FOMC minutes will have little to no impact. US dollar opens on a mixed note […]November 27 2024Read more
Canadian Dollar Update – Canadian dollar pops then drops
Trading to slow as US holidays near. US dollar opens on a mixed note. USDCAD: open 1.3960, overnight range,1.3928-1.3977, close 1.3961, WTI […]November 26 2024Read more
Canadian Dollar Update – Canadian dollar retreats again
Markets suffering from new wave of risk aversion. Weak Euro area and UK data boost greenback. US dollar opens with gains […]November 22 2024Read more
Canadian Dollar Update – Canadian dollar looking for direction
US weekly jobless claims ahead. US dollar rises modestly overnight-JPY outperforms. USDCAD: open 1.3969, overnight range,1.3958-1.3979, close 1.3976, WTI $69.95, Gold, $2670.01 […]November 22 2024Read more
Canadian Dollar Update – Canadian dollar gives back inflation gains
UK inflation ticks higher and sinks GBPUSD Treasury yields rise US dollar rises across the board, overnight. USDCAD: open 1.3990, overnight range,1.3951-1.4000, […]November 20 2024Read 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.
