Canadian Dollar Forecast and Updates

KnightsbridgeFX 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.

April 2012

USD/CAD Open 1.0195-1.0200 Overnight Range 1.0174-1.0234 The Canadian dollar traded within its well established short term range overnight even as Asian equity markets were roiled by a Chinese economist’s call for China to raise interest rates 2% to stem inflation. The reaction was a tad excessive, in part, reflecting both poor liquidity and rate hike […]

By Admin | April 27, 2012 | Daily Update | 0 comments Read more >

March 2012

USD/CAD Open 1.0195-1.0200 Overnight Range 1.0174-1.0234 The Canadian dollar traded within its well established short term range overnight even as Asian equity markets were roiled by a Chinese economist’s call for China to raise interest rates 2% to stem inflation. The reaction was a tad excessive, in part, reflecting both poor liquidity and rate hike […]

By Admin | March 27, 2012 | Daily Update | 0 comments Read more >

February 2012

USD/CAD Open 1.0195-1.0200 Overnight Range 1.0174-1.0234 The Canadian dollar traded within its well established short term range overnight even as Asian equity markets were roiled by a Chinese economist’s call for China to raise interest rates 2% to stem inflation. The reaction was a tad excessive, in part, reflecting both poor liquidity and rate hike […]

By Admin | February 27, 2012 | Daily Update | 0 comments Read more >

January 2012

USD/CAD Open 1.0195-1.0200 Overnight Range 1.0174-1.0234 The Canadian dollar traded within its well established short term range overnight even as Asian equity markets were roiled by a Chinese economist’s call for China to raise interest rates 2% to stem inflation. The reaction was a tad excessive, in part, reflecting both poor liquidity and rate hike […]

By Admin | January 27, 2012 | Daily Update | 0 comments Read more >

FX Morning Update December 7, 2011

USD/CAD Open: 1.0105-07 Overnight Range: 1.0070-1.0110 The Canadian dollar was quiet overnight. Overnight, Germany industrial production data was largely positive. Yesterday, the Bank of Canada kept rates the same and didn’t really indicate there would be any imminent cut in rates as growth in Canada would be stronger than expected in the second half, positive […]

By Admin | December 7, 2011 | Daily Update | 0 comments Read more >

FX Morning Update December 6, 2011

USD/CAD Open: 1.0169-72 Overnight Range: 1.0145-1.0198 The Canadian dollar traded rangebound overnight vs. the USD. Overnight, Australia’s RBA cut rates as widely expected due to lower growth expectations and issues in Europe. Yesterday, S&P put 15 eurozone countries on negative watch (including Germany and France) adding to negative risk sentiment in Asian and European markets […]

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FX Morning Update December 5, 2011

USD/CAD Open: 1.0160-64 Overnight Range: 1.0058-1.0198 The Canadian dollar barely budged in overnight trading. Friday’s Canadian jobs report was slightly negative while the US jobs data report was neutral to slightly positive. Overnight, Italy revealed a $40bn plan to cut its deficit. Oil is at $101.64 and gold is at $1,738. NY futures are positive. […]

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FX Morning Update December 2, 2011

USD/CAD Open: 1.0120-24 Overnight Range: 1.0084-1.0155 The Canadian dollar was rather quiet overnight before the US and Canadian jobs data were released this morning. Canadian jobs data was worse than expected with -18.6k jobs (expected +18k), while the US jobs data came in at +120k (+125k expected) but the US jobless rate fell from 9% […]

By Admin | December 2, 2011 | Daily Update | 0 comments Read more >

FX Morning Update December 1, 2011

USD/CAD Open: 1.0190-94 Overnight Range: 1.0170-1.0225 The Canadian dollar was quiet in overnight trading holding on to yesterday’s gains vs. the USD. Yesterday, Canada’s GDP data came in strong at 3.5%. Oil is at $100.59 and gold is at $1,753. NY futures are flat. Today, US jobless claims and ISM mfg. data are released. The […]

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FX Morning Update November 30, 2011

USD/CAD Open: 1.0271-74 Overnight Range: 1.0255-1.0362 The Canadian dollar continued to rally overnight vs. the USD. Overnight, China cut bank reserve requirements by 0.5% and this has boosted equities, even though India reported its lowest GDP growth rate of 6.9% yoy in quite some time. Oil is at $101.16 and gold is at $1,737. NY […]

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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.
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