Canadian Dollar Update – Canadian dollar making a break
Risk sentiment improves after another Chinese stimulus push Weak German data weighs on EUR US dollar opens steady but under pressure. USDCAD: […]September 24 2024Read more
Canadian Dollar Update – Canadian dollar drifting higher
China rate cut improves risk sentiment. Eurozone and UK PMI data is disappointing. US dollar trading lower vs commodity currency bloc but […]September 23 2024Read more
Canadian Dollar Update – Canadian dollar vulnerable to option expiries
Canada Retail Sales ahead Central Banks in China and Japan leave rates unchanged. US dollar attempting to stem recent losses. USDCAD: open1.3573, […]September 20 2024Read more
Canadian Dollar Update – Canadian dollar digesting FOMC rate cut
FX markets churn post-FOMC decision. Bank of England stays the course-leaves rates unchanged US dollar trading with a small bid after overnight […]September 19 2024Read more
Canadian Dollar Update – Canadian dollar steady into Fed meeting
Canada CPI hits BoC target Markets on hold until FOMC meeting results at 2:00 pm US dollar opens little changed from close […]September 18 2024Read more
Canadian Dollar Update – Canadian dollar awaiting domestic inflation data
Canada CPI expected to rise 2.1% y/y down from 2.5% in July. US Retail Sales forecast is a drop of 0.2% m/m […]September 17 2024Read more
Canadian Dollar Update – Canadian dollar is being challenged
Bank of Canada Governor Tiff Macklem hints at 50 bp rate cut US dollar slides and CAD underperforms. USDCAD: open 1.3580, overnight […]September 16 2024Read more
Canadian Dollar Update – Canadian dollar is the G-10 laggard
Odds of 50 bp Fed rate cut rise. Russia expels 6 UK diplomats US dollar trading defensively. USDCAD: open 1.3573, overnight range […]September 13 2024Read more
Canadian Dollar Update – Canadian dollar catches a bid
ECB rate cut to be followed by cautious guidance. US data includes weekly jobless claims and August PPI US dollar trading sideways […]September 12 2024Read more
Canadian Dollar Update – Canadian dollar catches a bid
US CPI data overshadows debate. USDJPY gives back all of its 2024 gains. US dollar retreats modestly, post-debate. USDCAD: open 1.3588, overnight […]September 11 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.
