Expert, money saving updates, forecasts & tips on the CAD exchange

Find out how to maximize your savings when exchanging currency, how to benefit from free international wire transfers and get more for your dollars.

Canadian Dollar Update, August 6, 2021 – Canadian Dollar Parked- Employment Data Pending
USD/CAD Open: 1.2512-16, Overnight Range: 1.2496-1.2513, Previous Close: 1.2502 WTI Oil is at $67.84 and gold is at $1,763.70. US markets are […]
August 6 2021Read more
Canadian Dollar Update, August 5, 2021 – Canadian Dollar Gains Limited by Sliding Oil Prices
USD/CAD Open: 1.2511-15, Overnight Range: 1.2509-1.2546, Previous Close: 1.2542 WTI Oil is at $68.67 and gold is at $1,805.10. US markets are […]
August 5 2021Read more
Canadian Dollar Update, August 4, 2021 – Canadian Dollar Awash in Oil
USD/CAD Open: 1.2531-34, Overnight Range: 1.2518-1.2550, Previous Close: 1.2533 WTI Oil is at $68.18 and gold is at $1,813.30. US markets are […]
August 4 2021Read more
Canadian Dollar Update, August 3, 2021 – Canadian Dollar Retreats
USD/CAD Open: 1.2511-15, Overnight Range: 1.2460-1.2524, Previous Close: 1.2504 WTI Oil is at $70.26 and gold is at $1,814.10. US markets are […]
August 3 2021Read more
What is Forex Scalping Strategy
You’ve probably heard about the forex scalping strategy, but you don’t understand how it works. Scalping is a trading strategy that specializes […]
July 31 2021Read more
What is Currency Hedging?
One of the common terms you will come across as you do or study forex exchange is currency hedging. So let’s first […]
July 31 2021Read more
What are Forex Options?
One of the common terms you will encounter when transacting or trading in the forex market is forex options. The good news […]
July 31 2021Read more
Should You Be Using Your Credit Card Abroad?
When travelling overseas, you may consider using your credit card abroad to enjoy the convenience they come with. You won’t have to […]
July 31 2021Read more
Is It Safe To Buy Foreign Currency Online
Whenever you want to buy foreign currency online, your number one priority should be the funds’ security. Many foreign currency providers claim […]
July 31 2021Read more
How to Trade Forex for Beginners
You’ve probably heard people earning thousands and millions of dollars through forex trading, and you wonder how it works. But, if you […]
July 31 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.