Canadian Dollar Update – Canadian dollar looking shaky
China trade surplus soars on export increase. UK employment numbers support GBPUSD US dollar trading sideways with slight bid. USDCAD: open 1.3569, […]September 10 2024Read more
Canadian Dollar Update – Canadian dollar drops on jobs data
Weak US and Canadian jobs data sinks Loonie Markets are cautious ahead of US inflation numbers on Wednesday. US dollar trading with […]September 9 2024Read more
Canadian Dollar Update – Canadian dollar counting down to employment reports
US and Canada job data on tap Opec delays production increase. US dollar trading with bearish bias across the board. USDCAD: open1.3493, […]September 7 2024Read more
Canadian Dollar Update – Canadian dollar firms following BoC rate cut
BoC cuts rates and indicates more cuts to come. US employment data is in focus US dollar sank yesterday and is on […]September 5 2024Read more
FX Monthly Update | September 2024
Economic Outlook and Summary August is traditionally a quiet month for markets, with many traders and analysts taking summer vacations. Thin holiday […]September 4 2024Read more
Canadian Dollar Update – Canadian dollar steady as BoC meeting looms
Traders expect a 25 bp rate cut from Bank of Canada. JOLTS Survey is focus for traders today. US dollar consolidating yesterday’s […]September 4 2024Read more
Canadian Dollar Update – Canadian dollar in retreat
Traders looking ahead to Friday’s US nonfarm payrolls report. Bank of Canada expected to cut rates by 25 bps tomorrow. US dollar […]September 3 2024Read more
Canadian Dollar Update – Canadian dollar awaiting GDP data
Canadian economic growth expected to have slowed in June. US Core PCE-Price index forecast at 0.2% m/m (previous 0.1%) US dollar opens […]August 30 2024Read more
Canadian Dollar Update – Canadian dollar rally stalls
UBS downgrades China 2024 GDP forecast to 4.6% from 4.9%. US weekly jobless claims may cause a bigger reaction than usual. US […]August 30 2024Read more
Canadian Dollar Update – Canadian dollar creeping higher
Loonie drifting higher on talk of aggressive Fed rate cuts. Australian inflation rises more than expected, but below last month. US dollar […]August 28 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.
