Canadian Dollar Update, November 26, 2021 – Canadian dollar plunges
USD/CAD Open: 1.2758-62, Overnight Range: 1.2650-1.2772, Previous Close: 1.2648 WTI Oil is at $68.17 and gold is at $1,792.30. US markets are […]November 26 2021Read more
What is the Function of Currency Futures?
You might have come across the term currency futures but may not know what it entails. If you are a forex trader […]November 26 2021Read more
What is the Purpose of the Interbank Market?
The interbank market is a global financial market for exchanging currencies. It is the largest and most liquid financial market globally, with […]November 26 2021Read more
How Does Managed Floating Exchange Rate Work?
Since the Great Recession of 2007-2009, many countries have been trying to find ways to stimulate their economy. Most of these countries […]November 26 2021Read more
Canadian Dollar Update, November 25, 2021 – Canadian dollar inches higher
USD/CAD Open: 1.2663-67, Overnight Range: 1.2643-1.2669, Previous Close: 1.2667 WTI Oil is at $77.89 and gold is at $1,788.20. US markets are […]November 25 2021Read more
Canadian Dollar Update, November 24, 2021 – Canadian dollar steady
USD/CAD Open: 1.2691-95, Overnight Range: 1.2667-1.2692, Previous Close: 1.2671 WTI Oil is at $78.37 and gold is at $1,790.10. US markets are […]November 25 2021Read more
Canadian Dollar Update, November 23, 2021 – Canadian dollar on the brink
USD/CAD Open: 1.2735-39, Overnight Range: 1.2697-1.2741, Previous Close: 1.2701 WTI Oil is at $78.47 and gold is at $1,782.80. US markets are […]November 23 2021Read more
Canadian Dollar Update, November 22, 2021 – Canadian dollar consolidates losses
USD/CAD Open: 1.2633-37, Overnight Range: 1.2630-1.2656, Previous Close: 1.2643 WTI Oil is at $76.49 and gold is at $1,804.60. US markets are […]November 22 2021Read more
Canadian Dollar Update, November 19, 2021 – Canadian dollar drops again
USD/CAD Open: 1.2640-50, Overnight Range: 1.2587-1.2660, Previous Close: 1.2600 WTI Oil is at $76.11 and gold is at $1,849.30. US markets are […]November 19 2021Read more
Canadian Dollar Update, November 18, 2021 – Canadian dollar suffering from oil blues
USD/CAD Open: 1.2598-02, Overnight Range: 1.2595-1.2622, Previous Close: 1.2611 WTI Oil is at $78.74 and gold is at $1,862.30. US markets are […]November 18 2021Read 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.