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 September 29, 2011

USD/CAD Open: 1.0308-10              Overnight Range: 1.0280-1.0357   The Canadian dollar was volatile in overnight trading.  Yesterday, a heavy selloff in equity markets and commodities prior to close also caused a big selloff in the loonie as traders fled to avoid risk.  Overnight, German parliament passed changes to the eurozone rescue fund and this boosted […]

By Admin | September 30, 2011 | Daily Update | 0 comments Read more >

FX Morning Update September 28, 2011

  USD/CAD Open: 1.0218-20              Overnight Range: 1.0185-1.0260       The Canadian dollar lost some ground overnight as there were reported divisions between eurozone members on next steps for policy.  Yesterday, Greece passed new taxes and swore in blood they would meet new targets while asking for bailout funds.  NY futures are pointing higher.  […]

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FX Morning Update September 27, 2011

USD/CAD Open: 1.0242-45              Overnight Range: 1.0226-1.0281   The Canadian dollar gained some ground vs. the USD overnight as Asian and European markets were sharply positive.  NY futures are pointing higher.  Oil is higher $82.72 and gold is at $1,668.  For today, S&P Case Schiller home price and consumer confidence data is released while GDP […]

By Admin | September 27, 2011 | Daily Update | 0 comments Read more >

FX Morning Update September 26, 2011

USD/CAD Open: 1.0291-91              Overnight Range: 1.0260-1.0386   The Canadian dollar was volatile in overnight trading.  European markets are higher today as rumors are circulating that the size of the eurozone rescue fund will be increased.  NY futures are pointing higher.  Oil is at $79.82 and gold is at $1,620.  For today, new home sales […]

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FX Morning Update September 21, 2011

USD/CAD Open: 0.9943-46  Overnight Range: 0.9916-0.9953   The Canadian dollar lost some ground overnight.  Overnight, the GBP lost some ground as expectations that the BoE will provide further stimulus increased. Canada’s inflation came out stronger than expected today (1.9%) but markets appear to have shrugged off the result focusing on macro eurozone headlines and the FOMC […]

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FX Morning Update September 20, 2011

USD/CAD Open: 0.9915-18  Overnight Range: 0.9883-0.9941   The Canadian dollar lost some ground overnight.  Markets continue to be dominated by eurozone headlines.  The S&P downgradedItalyovernight but had limited impact on markets.  The Bank of Greece made some required coupon payments today, calming fears of a default.  NY futures are pointing higher.  Oil is at $86.72 […]

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FX Morning Update September 19, 2011

  USD/CAD Open: 0.9807-10  Overnight Range: 0.9766-0.9848       The Canadian dollar grinded lower overnight.  Coordinated action from Central banks on Friday was sufficient to start the risk on trade on Friday but concerns overGreecefunding and a potential default has moved equity markets lower and a flight to safety to the USD. Germany’s ruling party […]

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FX Morning Update September 16, 2011

USD/CAD Open: 0.9836-39 Overnight Range: 0.9829-0.9861 The Canadian dollar traded quietly overnight in a tight range. Yesterday, the ECB and other central banks coordinated action to indicate they would provide USD liquidity to banks in Europe, which helped boost euro bank stock prices and overall market sentiment. NY futures are pointing lower. Oil is at […]

By Admin | September 16, 2011 | Daily Update | 0 comments Read more >

FX Morning Update September 15, 2011

USD/CAD Open: 0.9886-89 Overnight Range: 0.9885-0.9952 The Canadian dollar continued to swing around within its recent trading range in overnight trading looking for direction. Yesterday, US retail sales data was flat. Overnight, Eurozone inflation was in line with expectations. NY futures are pointing higher. Oil is at $89.22 and gold is at $1,802. Canada releases […]

By Admin | September 15, 2011 | Daily Update | 0 comments Read more >

FX Morning Update August 9, 2011

USD/CAD Open: 0.9925-29 Overnight Range: 0.9909-1.0001 The Canadian dollar was highly volatile overnight as Asian markets were volatile as well. Yesterday, panic spread throughout financial markets and equities and commodities are falling with liquidity drying up. Overnight, China CPI came in higher than expected. Rumors that the Fed will intervene is boosting markets. Oil dipped […]

By Admin | September 11, 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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