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 Update – Canadian dollar makes new 2024 low
Expect a quiet session until FOMC meeting this afternoon UK inflation rises to 8 month peak US dollar opens on a mixed […]December 19 2024Read more
Canadian Dollar Update – Canadian dollar crushed by Government drama
Liberal government in turmoil Canada inflation and US Retail Sales ahead. US dollar little changed but opens mixed. USDCAD: open: 1.4292, overnight […]December 18 2024Read more
Canadian Dollar Update – Canadian dollar weighed down
BoC Governor Macklem speaking this afternoon Canada Fall Economic Statement today. US dollar trading negatively. USDCAD: open: 1.4242, overnight range,1.4217-1.4239, close […]December 16 2024Read more
Canadian Dollar Update – Canadian dollar falling off a cliff
Divergent Canadian and US economic outlooks sinking Loonie. Markets take a breather ahead of next week’s FOMC meeting. US dollar in demand […]December 13 2024Read more
Canadian Dollar Update – Canadian dollar remains weak
BoC cut rates by 50 bps in a sign that the economy is weak Fed on track to cut rates by 25 […]December 12 2024Read more
Canadian Dollar Update – Canadian dollar looking dodgy
Trump tariff threat weighing on Loonie. Expected 50 bp BoC rate cut drives Canadian dollar lower US dollar trading with a bid […]December 10 2024Read more
Canadian Dollar Update – Canadian dollar trading poorly
Bank of Canada expected to cut rates by 50 bps on Wednesday. US dollar trading with a bid but off its best […]December 10 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.
