Canadian Dollar Forecast and Updates

Knightsbridge FX keeps you to date on the latest Canadian Dollar forecast, updates and latest outlook. Stay informed on the latest CAD news, how it's doing relative to USD.

FX Morning Update Oct. 28

  USD/CAD Open 1.0247-52 Overnight Range 1.0249-1.0284 The Canadian dollar drifted higher overnight as the US dollar retreated mildly from earlier peaks. Concern and confusion over the size and timing of the Fed’s next round of quantitative easing and event risk surrounding a series of central bank meetings next week is hobbling traders. (FOMC meeting […]

By Admin | September 11, 2011 | Daily Update | 0 comments Read more >

FX Morning Update Aug.30

USD/CAD Open 1.0495-00 Overnight Range 1.0475-1.0510 The CAD$ had a quiet session to start the week. The Asian focus was on an “Emergency Bank of Japan meeting”, originally thought to include a round of intervention to devalue the JPY. The USD/JPY rallied in front of the news and then quickly reversed itself as the market […]

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FX Morning Update – Aug.31

  USD/CAD Open 1.0603-08 Overnight Range 1.0578-1.0625 The CAD$ is under pressure due to another round of risk aversion trading as weak economic data sparks renewed fears of a double dip global recession. Today’s US data releases which include Case-Schiller home prices, Chicago PMI and consumer confidence are expected to provide further evidence of a […]

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FX Morning Update-Mar.5

USD/CAD Open 1.0316-21 Overnight Range 1.0301-30 The CAD was quiet overnight as were the major FX markets with traders awaiting the release of the US Nonfarm payrolls report which is expected show a decrease of between 50-100k, mainly due to weather. Last night’s Canadian budget release did not have any impact on the loonie. Gold […]

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KnightsbridgeFX Morning Update September 9, 2011

USD/CAD Open: 0.9920-22  Overnight Range: 0.9869-0.9922   The Canadian dollar lost some ground overnight and fell further vs. the USD after today’s below expectation Canadian employment report. Overnight, Chinese inflation was less than expected.  NY futures are pointing lower.  Oil is lower at $87.93 and gold is at $1,830.   The short term Canadian dollar […]

By Admin | September 9, 2011 | Daily Update | 0 comments Read more >

KnightsbridgeFX Morning Update September 8, 2011

USD/CAD Open: 0.9837-40  Overnight Range: 0.9830-0.9865 The Canadian dollar gained some ground overnight.  NY futures are pointing lower.  Overnight., the ECB left its lending rate unchanged as did the Bank of England.  Yesterday’s Bank of Canada rate announcement indicated there would be no change for some time, without specifics, citing eurozone and global growth concerns.  […]

By Admin | September 8, 2011 | Daily Update | 0 comments Read more >

KnightsbridgeFX Morning Update September 6, 2011

USD/CAD Open: 0.9895-99  Overnight Range: 0.9865-0.9925 The Canadian dollar was smacked around and lost ground over the long weekend as issues in Europe crept up along with poor jobs data on Friday in the US.  The swiss franc tumbled overnight as the Swiss National Bank decided to put a floor on the exchange rate (euro/swiss).  […]

By Admin | September 7, 2011 | Daily Update | 0 comments Read more >

Welcome – Canadian Dollar News

Staying up to date on the foreign exchange market (Canadian and US dollar) ensures you can react quickly to market movements.  Our market analysts review forces impacting currencies and summarize their comprehensive research in succinct information reports. Knightsbridge Foreign Exchange helps Canadian individuals and businesses exchange currency at competitive exchange rates ( Disclaimer for all information […]

By Admin | September 6, 2011 | Daily Update | 0 comments Read more >

November 30, 2010

USD/CAD Open 1.0195-1.0200 Overnight Range 1.0174-1.0234 The Canadian dollar traded within its well established short term range overnight even as Asian equity markets were roiled by a Chinese economist’s call for China to raise interest rates 2% to stem inflation. The reaction was a tad excessive, in part, reflecting both poor liquidity and rate hike […]

By Admin | December 27, 2010 | Daily Update | 0 comments Read more >

November 5, 2010

USD/CAD Open 1.0050-55 Overnight Range 1.0022-1.0080 The Canadian dollar had a quiet overnight session ahead of the Canadian employment report. The 3,000 gain was below expectations of +16.5K and the loonie retreated modestly. US payroll report indicated a gain of +151K, above expectations, and the US dollar gained across the board except against the loonie. […]

By Admin | November 5, 2010 | Daily Update | 0 comments Read more >

Canadian Dollar Forecast

Knightsbridge FX is your authoritative source for Canadian dollar forecast and update information. Find out how oil prices interest rate activity are likely to affect the CAD. Stay abreast on what the Bank of Canada and Central Bank are doing, as well as how the CAD is doing against the Greenback.
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