Canadian Dollar Update – Canadian dollar adrift
Day of Mourning in USA-markets closed FOMC minutes confirm gradual easing. US dollar inches higher in quiet overnight session. USDCAD: open […]January 9 2025Read more
Canadian Dollar Update – Canadian dollar retreats
Widening CAD/US interest rate spreads weighing on Loonie. FOMC minutes due today. US dollar rebounds on sicky inflation data USDCAD: open 1.4371, […]January 9 2025Read more
Canadian Dollar Update – Canadian dollar trying to extend gains
USDCAD: open 1.4305, overnight range 1.4298-1.4350, close 1.4331, WTI $73.81, Gold, $2634.45 The Canadian dollar is hanging on to most of […]January 7 2025Read more
FX Monthly Update | January 2025
Economic Outlook and Summary December unfolded largely as expected. Robust economic data, central bank actions, and geopolitical factors served to underpin the […]January 7 2025Read more
Canadian Dollar Update – Canadian dollar gets a lift
Rumours of Trudeau stepping down as Prime Minister China acts to support CNY. US dollar starts first full week of trading […]January 7 2025Read more
Canadian Dollar Update – Canadian dollar still treading water
Trump tariff threat weighing on Loonie Widening CAD/US interest rate spreads fueling Loonie losses. US dollar opens mildly lower but still […]January 3 2025Read more
Canadian Dollar Update – Canadian dollar weaker to start new year
Wall Street expected to open on a positive note. Trading volumes are light due to seasonal holidays. Greenback in demand to […]January 3 2025Read more
Canadian Dollar Update – Canadian dollar remains under pressure
Canadian economy expected to have grown just 0.1% in October. Christmas holidays kick-off in earnest this week USD trading with a […]December 24 2024Read more
Canadian Dollar Update – Canadian dollar consolidating losses
Fed downgrades rate cut outlook Bank of England leaves rates unchanged. USD consolidated yesterday’s post-FOMC gains. USDCAD: open 1.4392, overnight range,1.4381-1.4468, close […]December 20 2024Read more
Loonie At Covid Lows
Political upheaval in Ottawa Fed dials back rate cut outlook Spectre of Trump haunting global markets. The Canadian dollar is being […]December 19 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.
