Canadian Dollar Forecast and Updates

KnightsbridgeFX 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.

Canadian Dollar Update, September 16, 2020 – Canadian Dollar awaits Fed

USD/CAD Open: 1.3157-61, Overnight Range: 1.3155-1.3200 WTI Oil is at $39.70 and gold is at $1,975.60. US markets are higher today. For today, USD resistance is at 1.3215. Support is at 1.3134. • OECD upgrades 2020 growth forecast • Oil prices surge as US crude inventories fall • US on the defensive ahead of Fed […]

By KBFX | September 16, 2020 | Daily Update | 0 comments Read more >
By KBFX | September 15, 2020 | In the News | 0 comments Read more >

Canadian Dollar Update, September 15, 2020 – Canadian Dollar ignores low crude prices

USD/CAD Open: 1.3156-60, Overnight Range: 1.3134-1.3191 WTI Oil is at $38.05 and gold is at $1,959.80. US markets are higher today. For today, USD resistance is at 1.3200. Support is at 1.3146. • OPEC and IEA trim 2020 oil demand forecasts, again • Better than expected China data underpins stock prices • US dollar opens […]

By KBFX | | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 14, 2020 – Canadian Dollar lags G-10 currency gains

USD/CAD Open: 1.3185-89, Overnight Range: 1.3153-1.3196 WTI Oil is at $37.31 and gold is at $1,968.60. US markets are higher today. For today, USD resistance is at 1.3195. Support is at 1.3146. • Canadian dollar gains undermined by crude losses • GBPUSD rebounds on profit-taking • Mild risk-seeking sentiment undermines US dollar The Canadian dollar […]

By KBFX | September 14, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 11, 2020 – Canadian Dollar trading sideways

USD/CAD Open: 1.3168-72, Overnight Range: 1.3150-1.3194 WTI Oil is at $37.54 and gold is at $1,957.60. US markets are higher today. For today, USD resistance is at 1.3215. Support is at 1.3149. • UK Brexit woes weigh on GBPUSD • ECB posture leaves EURUSD rangebound • US dollar opens lower except against GBP and JPY […]

By KBFX | September 11, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 10, 2020 – Canadian Dollar ignores benign BoC

USD/CAD Open: 1.3156-60, Overnight Range: 1.3119-1.3169 WTI Oil is at $37.58 and gold is at $1,962.50. US markets are mixed today. For today, USD resistance is at 1.3211. Support is at 1.3103. • BoC statement doesn’t inspire, Perhaps Governor Macklem will today • EU meeting may not live up to advanced billing • US dollar […]

By KBFX | September 10, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 9, 2020 – Canadian Dollar awaiting BoC

USD/CAD Open: 1.3223-27, Overnight Range: 1.3148-1.3259 WTI Oil is at $38.11 and gold is at $1,954.60. US markets are higher today. For today, USD resistance is at 1.3177. Support is at 1.3135. • Canadian dollar bounces off overnight low on improved risk sentiment • GBPUSD falls further, weighed down by “no-deal” Brexit concerns • BoC […]

By KBFX | September 9, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 8, 2020 – Canadian Dollar drops

USD/CAD Open: 1.3147-52, Overnight Range: 1.3086-1.3198 WTI Oil is at $36.41 and gold is at $1,933.40. US markets are lower today. For today, USD resistance is at 1.3240. Support is at 1.3143. • UK sucker-punches EU withdrawal agreement • Euro area GDP ignored ahead of ECB meeting • GBP plunge sparks broad US dollar demand […]

By KBFX | September 8, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 4, 2020 – Canadian Dollar idling ahead of NFP

USD/CAD Open: 1.3089-93, Overnight Range: 1.3064-1.3140 WTI Oil is at $39.41 and gold is at $1,934.30. US markets are lower today. For today, USD resistance is at 1.3130. Support is at 1.3026. • Wall Street meltdown leaves markets on edge • US expected to gain 1.4 million jobs while Canada adds 246,000 • US dollar […]

By KBFX | September 4, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, September 3, 2020 – Canadian Dollar drops

USD/CAD Open: 1.3094-98, Overnight Range: 1.3036-1.3162 WTI Oil is at $41.38 and gold is at $1,935.00. US markets are lower today. For today, USD resistance is at 1.3154. Support is at 1.3108. • US dollar higher ahead of employment data today and Friday • Oil price drop, undermines Canadian dollar • US dollar extends Wednesday’s […]

By KBFX | September 3, 2020 | Daily Update | 0 comments Read 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.
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