Canadian Dollar Forecast and Updates

Knightsbridge FX 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.

Canadian Dollar Update, March 11, 2020 – Canadian Dollar underwater

USD/CAD Open: 1.3726-1.3727, Overnight Range: 1.3681-1.3754 Oil is at $33.57 and gold is at $1,659.80. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3779. Support is at 1.3692. The Canadian dollar is underwater, although not as deep as it was yesterday. USDCAD spiked to 1.3795 from […]

By KBFX | March 11, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, March 10, 2020 – Canadian Dollar stimulated

USD/CAD Open: 1.3698-1.3699, Overnight Range: 1.3609-1.3796 Oil is at $33.48 and gold is at $1,659.80. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3829. Support is at 1.3719. The Canadian dollar outperformed its G-10 major currency peers in overnight trading, thanks to President Trump’s stimulus plans. […]

By KBFX | March 10, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Daily Update, March 09 – Canadian Dollar Falls Off a Cliff

FX Morning Update March 9, 2020 USD/CAD Open: 1.3421-1.3549 Overnight Range: 1.3517-1.3759 Oil is at $31.22 and gold is at $1,676.80. US markets are lower today. The short-term USD/CAD technicals are Strong Buy. For today, USD resistance is at 1.3719. Support is at 1.3543. Canadian dollar falls of the cliff March 9, 2020 The Canadian […]

By KBFX | March 9, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Market Update, March 06 – Canadian Dollar Sidelined

FX Morning Update March 6, 2020 USD/CAD Open: 1.3411-1.3411 Overnight Range: 1.3379-1.3428 Oil is at $43.99 and gold is at $1,677.80. US markets are lower today. The short-term USD/CAD technicals are strong buy. For today, USD resistance is at 1.3453. Support is at 1.3375. Canadian dollar sidelined The Canadian dollar was sidelined overnight. A wave […]

By KBFX | March 6, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Market Update March 5th – Canadian dollar sinking after BoC rate cut

FX Morning Update March 5, 2020 USD/CAD Open: 1.3385-1.3385 Overnight Range: 1.3383-1.3433 Oil is at $46.87, and gold is at $1,658.20. US markets are higher today. The short-term USD/CAD technicals are Strong Buy. For today, USD resistance is at 1.3452. Support is at 1.3386. Canadian dollar sinking after BoC rate cut March 5, 2020 The […]

By KBFX | March 5, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Market Update March 4th – Canadian dollar vulnerable after Fed rate cut

FX Morning Update March 4, 2020 USD/CAD Open: 1.3385-1.3385 Overnight Range: 1.3344-1.3387 Oil is at $48.15, and gold is at $1,642.50. US markets are lower today. The short-term USD/CAD technicals are Neutral. For today, USD resistance is at 1.3376. Support is at 1.3334. Canadian dollar vulnerable after Fed rate cut March 4, 2020 The Canadian […]

By KBFX | March 4, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Market Update March 03 – Canadian Dollar Awaiting BoC

FX Morning Update March 3, 2020 USD/CAD Open: 1.3321-1.3321 Overnight Range: 1.3319-1.3373 Oil is at $47.70, and gold is at $1,604.40. US markets are lower today. The short-term USD/CAD technicals are Strong Buy. For today, USD resistance is at 1.3394. Support is at 1.3331. Canadian dollar awaiting BoC March 3, 2020 The Canadian dollar see-sawed […]

By KBFX | March 3, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Market Update – March 02, 2020

FX Morning Update March 2, 2020 USD/CAD Open: 1.3390-1.3433 Overnight Range: 1.3314-1.3439 Oil is at $45.57, and gold is at $1,601.50. US markets are lower today. The short-term USD/CAD technicals are neutral. For today, USD resistance is at 1.3404. Support is at 1.3310. March 2, 2020 The Canadian dollar stepped back from the abyss seen […]

By KBFX | March 2, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update February 27, 2020 – Canadian Dollar at tipping point

USD/CAD Open: 1.3331-1.3332, Overnight Range: 1.3316-1.3374 Oil is at $46.15 and gold is at $1,657.90. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3398. Support is at 1.3328. The Canadian dollar is at a tipping point. The currency did not participate in the broad US dollar […]

By KBFX | February 27, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update February 26, 2020 – Canadian Dollar suffering form pandemic worries

USD/CAD Open: 1.3278-1.3279, Overnight Range: 1.3271-1.3307 Oil is at $50.08 and gold is at $1,638.00. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3327. Support is at 1.3236. All it took was for the US Centers for Disease Control and Prevention to issue a press release, […]

By KBFX | February 26, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Forecast

Knightsbridge FX 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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