Canadian Dollar Update – Canadian dollar sentiment turns negative.
UK/US trade deal announcement at 10:00 am Bank of England cuts rates by 25 bps, as expected US dollar rallies across the […]May 8 2025Read more
Canadian Dollar Update – Canadian dollar rises on news China/US to meet
FOMC meeting today-rates to be left unchanged. Trump blinks and China agrees to meet—in Switzerland US dollar trading with a mixed bias […]May 7 2025Read more
Canadian Dollar Update – Canadian dollar awaiting outcome of Carney/Trump meeting
US/CAD bilateral trade negotiations are in the spotlight. Hong Kong Monetary Authority says it is diversifying from US assets. US dollar claws […]May 6 2025Read more
Canadian Dollar Update – Canadian dollar grinding out gains
Opec says it will increase production by another 411k barrels/day in June. China, and UK closed for holiday. US dollar trading with […]May 5 2025Read more
FX Monthly Update | May 2025
Economic Outlook and Summary April delivered another body blow to global markets. President Trump’s April 2 announcement of a 10% tariff on […]May 2 2025Read more
Canadian Dollar Update – Canadian dollar steady ahead of US jobs data
Risk sentiment improves as US/China trade tensions thaw. US NFP expect to rise 130,000 vs 228,000 in April. US dollar opens mostly […]May 2 2025Read more
Canadian Dollar Update – Canadian dollar remains rangebound
Bank of Japan leaves rates unchanged-blames tariff uncertainty. S&P 500 futures soar in holiday-thinned markets US dollar grinds higher USDCAD: open 1.3823, […]May 1 2025Read more
Canadian Dollar Update – Canadian dollar awaiting GDP data
US data eyed for details of Trump’s tariff fall-out. Eurozone data dump largely ignored US dollar grinds out gains-CAD and MXN outperform […]April 30 2025Read more
Canadian Dollar Update – Canadian dollar ignores election results
Carney leads Liberals to victory—opposition leaders lose their seats. US JOLTS data and Consumer Confidence put the focus on recession risks. US […]April 29 2025Read more
Canadian Dollar Update – Canadian dollar spinning its wheels
Cautious start to trading ahead of key US data this week and month end flows. Global equities rise on improved risk […]April 28 2025Read 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.
