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 November 25, 2019 – Canadian Dollar recoups some losses

USD/CAD Open: 1.3295-1.3296, Overnight Range: 1.3285-1.3315 Oil is at $57.62 and gold is at $1,457.10. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3329. Support is at 1.3280. The Canadian dollar closed Friday’s session with a small loss compared to its opening level. It was not […]

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

Canadian Dollar Update November 22, 2019 – Canadian Dollar confusion

USD/CAD Open: 1.3284-1.3285, Overnight Range: 1.3254-1.3290 Oil is at $58.33 and gold is at $1,466.30. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3306. Support is at 1.3243. There is confusion in the ranks of Canadian dollar traders. That’s because there is confusion in the senior […]

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

Canadian Dollar Update November 21, 2019 – Canadian Dollar dancing to Phase 1 rumours

USD/CAD Open: 1.3304-1.3305, Overnight Range: 1.3269-1.3324 Oil is at $57.82 and gold is at $1,470.30. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3349. Support is at 1.3286. The Canadian dollar, along with the Australian and New Zealand dollars, are dancing to the US/China trade talk […]

By KBFX | November 21, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 20, 2019 – Canadian Dollar drops off a cliff

USD/CAD Open: 1.3267-1.3268, Overnight Range: 1.3262-1.3315 Oil is at $55.65 and gold is at $1,470.80. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3332. Support is at 1.3244. The Canadian dollar is rangebound no more. Prices soared through the top of the USDCAD 1.3040-1.3240 band that […]

By KBFX | November 20, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 19, 2019 – Canadian Dollar is rangebound

USD/CAD Open: 1.3205-1.3206, Overnight Range: 1.3190-1.3222 Oil is at $55.90 and gold is at $1,469.40. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3248. Support is at 1.3189. The Canadian dollar is trapped inside a USDCAD 1.3040-1.3260 range and has been, since October 11. There isn’t […]

By KBFX | November 19, 2019 | Daily Update | 0 comments Read more >

FX Monthly Outlook – November 2019

Economic Outlook and Summary The Federal Reserve announced an interest rate cut of 25 basis point—to 1.50-1.75%. Quantitative easing continues to provide moderate support for the economy as the reserve continues to repurchase treasury bill—maintaining the funds rate within range. Additionally, the US-China trade war remains unclear as the two parties indicate differing outlooks. Following […]

By KBFX | November 18, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Update November 18, 2019 – Canadian Dollar climbs on trade hopes

USD/CAD Open: 1.3222-1.3223, Overnight Range: 1.3209-1.3235 Oil is at $57.08 and gold is at $1,470.20. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3244. Support is at 1.3204. The Canadian dollar is a tad firmer this morning, buoyed by a somewhat improved tone around the US […]

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

Canadian Dollar Update November 15, 2019 – Canadian Dollar trading sideways

USD/CAD Open: 1.3247-1.3248 Overnight Range: 1.3219-1.3252 Oil is at $57.18 and gold is at $1,467.20. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3257. Support is at 1.3211. The Canadian dollar is trading sideways. Traders are confused, markets are directionless, and they are looking for guidance. […]

By KBFX | November 15, 2019 | Daily Update | 0 comments Read more >

TD & RBC Cross Border Banking & other Banking Plans For Canadians

So you’re finally thinking of opening a US dollar bank account for your cross-border needs.  Well, you’re in luck: there are a number of options available to you. The big five Canadian banks all offer US dollar bank accounts. However, some offer better cross-border solutions than others in terms of breadth of service, ease of […]

By Admin | | Editorials | 1 comments Read more >

Canadian Dollar Update November 14, 2019 – Canadian Dollar beset by negative risk sentiment

USD/CAD Open: 1.3250-1.3251 Overnight Range: 1.3248-1.3270 Oil is at $57.51 and gold is at $1,468.90. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3278. Support is at 1.3247. The Canadian dollar is being undermined by a fresh wave of negative risk sentiment. The Wall Street Journal […]

By KBFX | November 14, 2019 | Daily Update | 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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