Canadian Dollar Update – Canadian dollar awaiting domestic inflation data
Canada CPI expected to rise 2.1% y/y down from 2.5% in July. US Retail Sales forecast is a drop of 0.2% m/m […]September 17 2024Read more
Canadian Dollar Update – Canadian dollar is being challenged
Bank of Canada Governor Tiff Macklem hints at 50 bp rate cut US dollar slides and CAD underperforms. USDCAD: open 1.3580, overnight […]September 16 2024Read more
Canadian Dollar Update – Canadian dollar is the G-10 laggard
Odds of 50 bp Fed rate cut rise. Russia expels 6 UK diplomats US dollar trading defensively. USDCAD: open 1.3573, overnight range […]September 13 2024Read more
Canadian Dollar Update – Canadian dollar catches a bid
ECB rate cut to be followed by cautious guidance. US data includes weekly jobless claims and August PPI US dollar trading sideways […]September 12 2024Read more
Canadian Dollar Update – Canadian dollar catches a bid
US CPI data overshadows debate. USDJPY gives back all of its 2024 gains. US dollar retreats modestly, post-debate. USDCAD: open 1.3588, overnight […]September 11 2024Read more
Canadian Dollar Update – Canadian dollar looking shaky
China trade surplus soars on export increase. UK employment numbers support GBPUSD US dollar trading sideways with slight bid. USDCAD: open 1.3569, […]September 10 2024Read more
Canadian Dollar Update – Canadian dollar drops on jobs data
Weak US and Canadian jobs data sinks Loonie Markets are cautious ahead of US inflation numbers on Wednesday. US dollar trading with […]September 9 2024Read more
Canadian Dollar Update – Canadian dollar counting down to employment reports
US and Canada job data on tap Opec delays production increase. US dollar trading with bearish bias across the board. USDCAD: open1.3493, […]September 7 2024Read more
Canadian Dollar Update – Canadian dollar firms following BoC rate cut
BoC cuts rates and indicates more cuts to come. US employment data is in focus US dollar sank yesterday and is on […]September 5 2024Read more
FX Monthly Update | September 2024
Economic Outlook and Summary August is traditionally a quiet month for markets, with many traders and analysts taking summer vacations. Thin holiday […]September 4 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.
