December 2022: FX Outlook
Economic Outlook and Summary November had a hawkish bias after a series of interest rate hikes by the Reserve Bank of Australia, […]December 1 2022Read more
Canadian Dollar Update, December 1, 2022 – Canadian dollar rallies after Powell speech
USD/CAD Open: 1.3427-31, Overnight Range: 1.3397-1.3435, Previous Close: 1.3418 WTI Oil open at $81.00 and gold open at $1,776.69. US markets are […]December 1 2022Read more
Canadian Dollar Update, November 30, 2022 – Canadian dollar attempting to recover
USD/CAD Open: 1.3544-48, Overnight Range: 1.3514-1.3592, Previous Close: 1.3579 WTI Oil open at $80.05 and gold open at $1,758.62. US markets are […]November 30 2022Read more
Canadian Dollar Update, November 29, 2022 – Canadian dollar gains lag antipodean
USD/CAD Open: 1.3452-56, Overnight Range: 1.3411-1.3511, Previous Close: 1.3496 WTI Oil open at $79.26 and gold open at $1,755.57. US markets are […]November 29 2022Read more
Canadian Dollar Update, November 28, 2022 – Canadian dollar roiled by risk aversion
USD/CAD Open: 1.3434-38, Overnight Range: 1.3397-1.3472, Previous Close: 1.3381 WTI Oil open at $73.78 and gold open at $1,760.55. US markets are […]November 28 2022Read more
Canadian Dollar Update, November 25, 2022 – Canadian dollar drifting
USD/CAD Open: 1.3341-45, Overnight Range: 1.3320-1.3369, Previous Close: 1.3338 WTI Oil open at $79.63 and gold open at $1,752.26. US markets are […]November 25 2022Read more
The Fundamentals of Deliverable vs. Non-Deliverable Forward Contracts
Understanding the principles of a deliverable forward vs. non-deliverable forward contract can help you leverage your investments in the foreign exchange market. […]November 25 2022Read more
Canadian Dollar Update, November 24, 2022 – Canadian dollar gains lag G-10 currencies
USD/CAD Open: 1.3341-45, Overnight Range: 1.3330-1.3360, Previous Close: 1.3354 WTI Oil open at $77.49 and gold open at $1,756.42. US markets are […]November 24 2022Read more
Canadian Dollar Update, November 21, 2022 – Canadian dollar consolidates losses
USD/CAD Open: 1.3425-29, Overnight Range: 1.3377-1.3440, Previous Close: 1.3385 WTI Oil open at $79.49 and gold open at $1,741.68. US markets are […]November 21 2022Read more
Canadian Dollar Update, November 18, 2022 – Canadian dollar underperforming
USD/CAD Open: 1.3329-33, Overnight Range: 1.3302-1.3351, Previous Close: 1.3327 WTI Oil open at $81.47 and gold open at $1,765.04. US markets are […]November 18 2022Read 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.