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.

Knightsbridge FX on the Canadian Dollar – Link to CBC News

North American markets end best year since 2013 thanks to big gains in tech stocks

By KBFX | January 9, 2020 | In the News | 0 comments Read more >

Canadian Dollar Update January 9, 2020 – Canadian Dollar sinks with oil

USD/CAD Open: 1.3039-1.3040, Overnight Range: 1.3026-1.3090 Oil is at $58.83 and gold is at $1,551.30. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3096. Support is at 1.3040. The Canadian drifted lower overnight, sinking alongside West Texas Intermediate oil prices. WTI has plunged 9.5% since Tuesday […]

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

Canadian Dollar Update January 8, 2020 – Canadian Dollar stays on even keel

USD/CAD Open: 1.3002-1.3003, Overnight Range: 1.2976-1.3043 Oil is at $61.10 and gold is at $1,569.50. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3076. Support is at 1.2989. The Canadian stayed on an even keel despite volatile FX price action overnight. US-Iran tensions sent Asia traders […]

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

Canadian Dollar Update January 7, 2020 – Canadian Dollar shows resilience

USD/CAD Open: 1.2964-1.2965, Overnight Range: 1.2957-1.3024 Oil is at $62.70 and gold is at $1,572.20. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3051. Support is at 1.2978. The Canadian dollar demonstrated its resilience overnight. The US dollar squeezed out gains against the major G-10 currencies, […]

By KBFX | January 7, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 6, 2020 – Canadian Dollar lifted by crude

USD/CAD Open: 1.2986-1.2987, Overnight Range: 1.2964-1.2990 Oil is at $63.31 and gold is at $1,564.80. US markets are mixed today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3014. Support is at 1.2954. The Canadian dollar rally was fueled by the steep rise in crude oil prices. FX ranges were relatively […]

By KBFX | January 6, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 3, 2020 – Canadian Dollar drifts lower

USD/CAD Open: 1.2979-1.2980, Overnight Range: 1.2961-1.3005 Oil is at $63.38 and gold is at $1,551.40. US markets are lower today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3016. Support is at 1.2968. The Canadian dollar flirted with resistance yesterday but was unable to make any additional gains. Fears that crude […]

By KBFX | January 3, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 2, 2020 – Canadian Dollar says “Happy New Year”

USD/CAD Open: 1.2975-1.2976, Overnight Range: 1.2968-1.3008 Oil is at $61.17 and gold is at $1,531.00. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3017. Support is at 1.2948. It’s a new year and a new decade. And for the Canadian dollar, it is a “new Big […]

By KBFX | January 2, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 31, 2019 – Canadian Dollar is the winner

USD/CAD Open: 1.3068-1.3069, Overnight Range: 1.2992-1.3068 Oil is at $60.80 and gold is at $1,520.80. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3015. Support is at 1.2972. The Canadian dollar wins the 2019 “Best-performing currency award.” That prize is in the major G-10 currency category […]

By KBFX | December 31, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 30, 2019 – Canadian Dollar’s Christmas rally

USD/CAD Open: 1.3068-1.3069, Overnight Range: 1.3054-1.3084 Oil is at $61.47 and gold is at $1,518.90. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3093. Support is at 1.3023. Santa was good to the Canadian dollar. The local currency sank following a weaker than forecast October GDP […]

By KBFX | December 30, 2019 | Daily Update | 0 comments Read more >

Is This The Best Cash Back Credit Card In Canada?

If you’re looking for the best cashback credit card in Canada, you’ve got a ton of options. Today, we’ll take a look at one of the most popular: the Scotia Momentum® VISA Infinite* card. Apply Now When shopping for the best cashback credit card in Canada, you’re not lacking in options. Today, we’ll take a […]

By Victor | December 24, 2019 | Guides | 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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