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.

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

USD/CAD Open: 1.3119-1.3120 Overnight Range: 1.3119-1.3158 Oil is at $58.58 and gold is at $1,444. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3186. Support is at 1.3079. The Canadian dollar wins the blue ribbon for the best performing major G-10 currency in July. It only […]

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

Canadian Dollar Update July 30, 2019 – Canadian Dollar awaiting the Fed

USD/CAD Open: 1.3176-1.3177 Overnight Range: 1.3153-1.3184 Oil is at $57.09 and gold is at $1,430. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3201. Support is at 1.3155. The Canadian dollar was sidelined overnight. It was not alone. The Australian, New Zealand and Canadian dollars drifted […]

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

Canadian Dollar Update July 29, 2019 – Canadian Dollar “slip-sliding away”

USD/CAD Open: 1.3155-1.3156 Overnight Range: 1.3149-1.3183 Oil is at $56.56 and gold is at $1,418. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3187. Support is at 1.3132. The Canadian dollar slipped lower in a mostly quiet FX session in Asia and Europe. There is an […]

By KBFX | July 29, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 26, 2019 – Canadian Dollar breaks lower

USD/CAD Open: 1.3186-1.3187 Overnight Range: 1.3141-1.3194 Oil is at $56.47 and gold is at $1,420. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3217. Support is at 1.3154. The Canadian dollar broke out of its five-week trading range overnight, and the move was all due to […]

By KBFX | July 26, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 25, 2019 – Canadian Dollar adrift

USD/CAD Open: 1.3128-1.3129 Overnight Range: 1.3115-1.3145 Oil is at $56.69 and gold is at $1,424. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3151. Support is at 1.3093. The Canadian dollar drifted aimlessly in a narrow range overnight. Price action was contained as FX traders bided […]

By KBFX | July 25, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 24, 2019 – Canadian Dollar outside, looking in

USD/CAD Open: 1.3136-1.3137 Overnight Range: 1.3125-1.3153 Oil is at $56.95 and gold is at $1,428. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3177. Support is at 1.3106. The Canadian dollar is a bystander even as the US dollar retreats against Sterling and the Euro in […]

By KBFX | July 24, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 23, 2019 – Canadian Dollar falls through support

USD/CAD Open: 1.3151-1.3152 Overnight Range: 1.3111-1.3163 Oil is at $56.07 and gold is at $1,425. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3160. Support is at 1.3122. The Canadian dollar got knocked for a loop yesterday after Canadian Wholesale Sales for May were sharply weaker […]

By KBFX | July 23, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 22, 2019 – Canadian Dollar Sidelined

USD/CAD Open: 1.3090-1.3091 Overnight Range: 1.3040-1.3096 Oil is at $56.14 and gold is at $1,428. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3113. Support is at 1.3056. The Canadian dollar started the week quietly, content to hug the sidelines along with most of the G-10 […]

By KBFX | July 22, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 19, 2019 – Canadian Dollar Rangebound

USD/CAD Open: 1.3069-1.3070 Overnight Range: 1.3016-1.3110 Oil is at $55.50 and gold is at $1,441. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3117. Support is at 1.3030. The Canadian dollar continues to see-saw inside a USDCAD range of 1.3020-1.3090. It has tested both sides of […]

By KBFX | July 19, 2019 | Daily Update | 0 comments Read more >
By KBFX | July 18, 2019 | In the News | 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.