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June 2021: FX Outlook
Economic Outlook and Summary The Canadian Dollar continues to hold on to its growth throughout this economic recovery as Canada seems to […]June 16 2021Read more
Canadian Dollar Update, June 15, 2021 – Canadian Dollar Sinks as Oil Rises
USD/CAD Open: 1.2177-81, Overnight Range: 1.2132-1.2188, Previous Close: 1.2148 WTI Oil is at $71.77 and gold is at $1,861.20. US markets are […]June 15 2021Read more
Canadian Dollar Update, June 14, 2021 – Canadian Dollar Sinks Despite Oil Price Surge
USD/CAD Open: 1.2154-58, Overnight Range: 1.2148-1.2167, Previous Close: 1.2159 WTI Oil is at $71.50 and gold is at $1,851.10. US markets are […]June 14 2021Read more
Canadian Dollar Update, June 11, 2021 – Canadian Dollar Stuck in a Rut
USD/CAD Open: 1.2099-03, Overnight Range: 1.2082-1.2105, Previous Close: 1.2096 WTI Oil is at $70.78 and gold is at $1,878.30. US markets are […]June 11 2021Read more
Canadian Dollar Update, June 10, 2021 – Canadian Dollar Ignores BoC Statement
USD/CAD Open: 1.2109-13, Overnight Range: 1.2107-1.2123, Previous Close: 1.2111 WTI Oil is at $70.11 and gold is at $1,897.10. US markets are […]June 10 2021Read more
What Causes Currency Exchange Rates to Change and How It Affects the Travel Industry
As a travel business, you are probably wondering about what causes currency exchange rates to change. At one time, you get more […]June 10 2021Read more
What Are Foreign Exchange Reserves?
Foreign exchange reserves are the foreign assets or currencies held by the central bank of a particular country. The respective central banks […]June 10 2021Read more
Key Features of The Foreign Exchange Market
If you plan to exchange currency or trade on the foreign exchange market, it’s essential to understand its features. As the largest […]June 10 2021Read more
How Well Does the Theory of Purchasing Power Parity Explain Exchange Rates?
With purchasing power parity, exchange rates between different currencies can be easy to calculate. It allows you to compare the purchasing power […]June 10 2021Read more
How To Read Forex Trading Charts?
Trading in a foreign exchange market can be very daunting when you don’t know how to read forex charts. You’ll find it […]June 10 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.
