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.

FX Morning Update November 14, 2011

USD/CAD Open: 1.0183-86 Overnight Range: 1.0081-10189 The Canadian dollar was volatile in overnight trading as European headlines continue to keep markets jittery. Oil is at $98.16 and gold is at $1,779. NY futures are pointing lower today. There are no major data releases today. The short term Canadian dollar technicals remain negative. For today, USD […]

By Admin | November 14, 2011 | Daily Update | 0 comments Read more >

FX Morning Update November 10, 2011

USD/CAD Open: 1.0207-10 Overnight Range: 1.0207-1.0266 The Canadian dollar was volatile overnight. Overnight, the Italian bill auction generally went well. Oil is at $97.06 and gold is at $1,769. NY futures are pointing higher today. Today, weekly jobs claims and trade data are released today. The short term Canadian dollar technicals remain negative. Lately, the […]

By Admin | November 11, 2011 | Daily Update | 0 comments Read more >

FX Morning Update November 9, 2011

USD/CAD Open: 1.0196-99 Overnight Range: 1.0103-1.0208 The Canadian dollar tanked overnight vs. the USD. Overnight, China’s inflation data was less than expected but eurozone issues have impacted the loonie. Oil is at $95.22 and gold is at $1,783. NY futures are pointing lower today. There are no major data releases today. The short term Canadian […]

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FX Morning Update November 8, 2011

USD/CAD Open: 1.0169-72 Overnight Range: 1.0120-1.0182 The Canadian dollar was relatively quiet in overnight trading. Oil is at $96.16 and gold is at $1,792. NY futures are pointing higher today. The short term Canadian dollar technicals are negative. For today, USD resistance is at 1.0213 and 1.0260. Support is at 1.0131, 1.0031, and 0.9980. Lately, […]

By Admin | November 8, 2011 | Daily Update | 0 comments Read more >

FX Morning Update November 7, 2011

USD/CAD Open: 1.0176-79 Overnight Range: 1.0155-1.0205 The Canadian dollar was relatively quiet in overnight trading. Oil is at $94.49 and gold is at $1,776. NY futures are lower today. There are no major data releases today. This week in Canada, housing starts (Tuesday) and trade balance (Thursday) data will be interesting to watch. The short […]

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

FX Morning Update November 4, 2011

USD/CAD Open: 1.0145-48 Overnight Range: 1.0070-1.0148 The Canadian dollar was volatile overnight and lost ground after a poor Canadian employment data release this morning. Oil is at $94.72 and gold is at $1,761. NY futures are flat today. Today, US jobs data is released. The short term Canadian dollar technicals are negative. For today, USD […]

By Admin | November 6, 2011 | Daily Update | 0 comments Read more >

FX Morning Update November 3, 2011

USD/CAD Open: 1.0118-20 Overnight Range: 1.0104-1.0217 The Canadian dollar was volatile overnight. Yesterday’s FOMC meeting had little new news and the FED continued to indicate they are ready to do more. Oil is at $93.28 and gold is at $1,755. NY futures are pointing higher today. Today, US jobless claims and ISM non-mfg. data are […]

By Admin | November 3, 2011 | Daily Update | 0 comments Read more >

FX Morning Update November 2, 2011

USD/CAD Open: 1.0181-84 Overnight Range: 1.0137-1.0225 The Canadian dollar was volatile overnight as it made some gains vs. the USD. Yesterday, US mfg. data showed a minor expansion and US car sales grew at the fastest pace this year. Oil is at $93.23 and gold is at $1,732. NY futures are pointing higher today. Bernanke […]

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

FX Morning Update November 1, 2011

USD/CAD Open: 1.0126-29 Overnight Range: 0.9974-1.0144 The Canadian dollar got clobbered overnight losing ground vs. the USD. Overnight, China reported weaker than expected mfg. PMI. Greece’s decision to hold a referendum on the eurozone bailout plan has caused a risk-off trade. Oil is at $90.72 and gold is at $1,692. NY futures are pointing lower […]

By Admin | November 1, 2011 | Daily Update | 0 comments Read more >

FX Morning Update October 31, 2011 – Knightsbridge Foreign Exchange Review

USD/CAD Open: 0.9963-65 Overnight Range: 0.9914-1.0027 The Canadian dollar lost some ground vs. the USD overnight. The Bank of Japan intervened in currency markets and boosted the USD weakening the Yen. Italian bonds fell and yields are nearing 6%. Oil is at $93.49 and gold is at $1,744. NY futures are pointing lower today. The […]

By Admin | October 31, 2011 | Daily Update | 0 comments Read 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.
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