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 October 3, 2019 – Canadian Dollar testing support

USD/CAD Open: 1.3322-1.3323 Overnight Range: 1.3313-1.3347 Oil is at $51.80 and gold is at $1,508.00. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3360. Support is at 1.3309. The Canadian dollar was beaten up yesterday and tested support at USDCAD 1.3340. It held, but subsequent Canadian […]

By KBFX | October 3, 2019 | Daily Update | 0 comments Read more >

KnightsbridgeFX.com ranks on The Globe and Mail

KnightsbridgeFX.com places No. 68 on The Globe and Mail’s brand-new ranking of Canada’s Top Growing Companies Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. KnightsbridgeFX.com earned its spot with three-year growth of 850%. Launched in 2019, the Canada’s Top Growing Companies ranking program aims to celebrate entrepreneurial achievement in Canada by identifying […]

By KBFX | October 2, 2019 | In the News | 0 comments Read more >

Canadian Dollar Update October 2, 2019 – Canadian Dollar an oasis of calm

USD/CAD Open: 1.3219-1.3220 Overnight Range: 1.3206-1.3300 Oil is at $53.50 and gold is at $1,498.30. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3325. Support is at 1.3217 The Canadian dollar is an oasis of calm in turbulent FX markets, especially when measured against GBPUSD. Yesterday, […]

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

Canadian Dollar Update October 1, 2019 – Canadian Dollar dips with Antipodeans

USD/CAD Open: 1.3240-1.3241 Overnight Range: 1.3222-1.3290 Oil is at $53.38 and gold is at $1,490.70. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3274. Support is at 1.3198 The Canadian dollar came under pressure alongside its antipodean cousins, overnight. USDCAD closed in Toronto on Monday at […]

By KBFX | October 1, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 27, 2019 – Canadian Dollar awaiting US data

USD/CAD Open: 1.3267-1.3268 Overnight Range: 1.3245-1.3278 Oil is at $55.63 and gold is at $1,496.30. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3280. Support is at 1.3235. The Canadian dollar traded slightly firmer in a narrow range, overnight. The currency support came from small losses […]

By KBFX | September 27, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update September 26, 2019 – Canadian Dollar inches higher

USD/CAD Open: 1.3266-1.3267 Overnight Range: 1.3231-1.3273 Oil is at $55.86 and gold is at $1,517.20. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3290. Support is at 1.3248. The Canadian dollar inched higher in another quiet overnight session. The currency recouped yesterday’s losses and is at […]

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

Canadian Dollar Update September 25, 2019 – Canadian Dollar sidelined, again

USD/CAD Open: 1.3241-1.3242 Overnight Range: 1.3235-1.3288 Oil is at $56.24 and gold is at $1,512.20. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3283. Support is at 1.3239. The Canadian dollar is on the sidelines, again. The currency pair remains rangebound. USDCAD price action is locked […]

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

Canadian Dollar Update September 24, 2019 – Canadian Dollar going nowhere

USD/CAD Open: 1.3263-1.3264 Overnight Range: 1.3244-1.3274 Oil is at $57.57 and gold is at $1,530.70. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3285. Support is at 1.3231. The Canadian dollar is going nowhere-at least for the time being. The currency opened in Toronto virtually unchanged […]

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

Canadian Dollar Update September 23, 2019 – Canadian Dollar weighed down by oil

USD/CAD Open: 1.3258-1.3259 Overnight Range: 1.3258-1.3304 Oil is at $58.07 and gold is at $1,530.60. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3288. Support is at 1.3247. The Canadian dollar is being weighed down by falling oil prices. West Texas Intermediate (WTI), the North American […]

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

Canadian Dollar Update September 20, 2019 – Canadian Dollar still adrift

USD/CAD Open: 1.3260-1.3261 Overnight Range: 1.3253-1.3300 Oil is at $58.66 and gold is at $1,510.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3309. Support is at 1.3263. The Canadian dollar is still adrift. The currency is unable to sustain rallies or losses beyond and entrenched […]

By KBFX | September 20, 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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