Canadian Dollar Update – Canadian dollar sinking
China cuts 1 and 5 year LPR US dollar opens with gains except against CHF. USDCAD: open 1.3822, overnight range 1.3799-1.3827, […]October 21 2024Read more
Canadian Dollar Update – Canadian dollar stagnates
Risk sentiment rises in Asia as PBoC hints at RRR cuts. WTI oil prices trade defensively. US dollar consolidates recent gains in […]October 18 2024Read more
Canadian Dollar Update – Canadian dollar marking time
ECB expected to cut rates 25 bps today, which is fully priced in. European equities and S&P 500 futures trading higher. US […]October 18 2024Read more
Canadian Dollar Update – Canadian dollar claws back some losses
GBPUSD sinks on weak inflation and Retail Price Indexes. Global equities trading defensively US dollar opens with small gains except against CAD. […]October 17 2024Read more
Canadian Dollar Update – Canadian dollar still under stress
Canadian employment data expected to show 27,000 new jobs. Bank of Canada Business Outlook Survey due at 10:30 am. US dollar a […]October 11 2024Read more
Canadian Dollar Update – Canadian dollar unlove
M&A flow may be weighing on Loonie. FOMC minutes on tap US dollar opens directionless ahead of inflation USDCAD: 1.3666, overnight range […]October 9 2024Read more
Canadian Dollar Update – Canadian dollar sinks further
Loonie suffering from broad-based US dollar strength. WTI oil prices fall 4.0% US dollar opens with a mixed tone-commodity bloc currencies underperform. […]October 8 2024Read more
Canadian Dollar Update – Canadian dollar under pressure
Markets trading cautiously after Friday’s volatility. Oil prices rise on fresh supply concerns US dollar slightly extends Friday’s gains, except against majors. […]October 7 2024Read more
Canadian Dollar Update – Canadian dollar testing support
US NFP expected at 142,000 (previous 140,000) Oil rises with geopolitical tensions, US dollar traded quietly overnight ahead of today’s US employment […]October 5 2024Read more
FX Monthly Update | October 2024
Economic Outlook and Summary September was mostly a “risk-on” month thanks to Powell’s dovish comments at the end of August. His remarks […]October 3 2024Read 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.
