FX Monthly Update | May 2025
Economic Outlook and Summary April delivered another body blow to global markets. President Trump’s April 2 announcement of a 10% tariff on […]May 2 2025Read more
Canadian Dollar Update – Canadian dollar steady ahead of US jobs data
Risk sentiment improves as US/China trade tensions thaw. US NFP expect to rise 130,000 vs 228,000 in April. US dollar opens mostly […]May 2 2025Read more
Canadian Dollar Update – Canadian dollar remains rangebound
Bank of Japan leaves rates unchanged-blames tariff uncertainty. S&P 500 futures soar in holiday-thinned markets US dollar grinds higher USDCAD: open 1.3823, […]May 1 2025Read more
Canadian Dollar Update – Canadian dollar awaiting GDP data
US data eyed for details of Trump’s tariff fall-out. Eurozone data dump largely ignored US dollar grinds out gains-CAD and MXN outperform […]April 30 2025Read more
Canadian Dollar Update – Canadian dollar ignores election results
Carney leads Liberals to victory—opposition leaders lose their seats. US JOLTS data and Consumer Confidence put the focus on recession risks. US […]April 29 2025Read more
Canadian Dollar Update – Canadian dollar spinning its wheels
Cautious start to trading ahead of key US data this week and month end flows. Global equities rise on improved risk […]April 28 2025Read more
Canadian Dollar Update – Canadian dollar feeling some pressure
China and US talk about lowering some tariffs on some goods. Canada Retail Sales -Ex autos forecast -0.4% (previously 0.2% m/m) US […]April 26 2025Read more
Canadian Dollar Update – Canadian dollar feeling some pressure
Renewed trade fears turn sentiment bearish. US Durable Goods Orders and weekly jobless claims on tap. US dollar consolidating yesterdays gains but […]April 24 2025Read more
Canadian Dollar Update – Canadian dollar treading water
Risk sentiment turns positive as Trump back-tracks on Powell. Stock markets rally and Treasury yields sink US dollar rallies but CAD and […]April 23 2025Read more
Canadian Dollar Update – Canadian dollar soaring
Trump’s threat to fire Powell tanks greenback. China Leaves benchmark rates unchanged US dives across the board. USDCAD: open 1.3797, overnight range […]April 21 2025Read 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.
