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 December 16, 2019 – Canadian Dollar higher after Phase 1 agreement

USD/CAD Open: 1.3171-1.3172, Overnight Range: 1.3115-1.3186 Oil is at $60.22 and gold is at $1,479.90. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3179. Support is at 1.3119. The Canadian dollar extended last week’s gains in an uneventful overnight session. The press release from the US […]

By KBFX | December 16, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 13, 2019 – Canadian Dollar underpinned by trade hopes

USD/CAD Open: 1.3178-1.3179, Overnight Range: 1.3150-1.3181 Oil is at $59.40 and gold is at $1,476.10. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3187. Support is at 1.3145. The Canadian dollar is trading with a firm tone. Prices are underpinned by what appears to be a […]

By KBFX | December 13, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 12, 2019 – Canadian Dollar rallies post FOMC

USD/CAD Open: 1.3172-1.3173, Overnight Range: 1.3162-1.3191 Oil is at $59.34 and gold is at $1,473.70. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3215. Support is at 1.3153. The Canadian dollar rallied ahead of and then after yesterday’s FOMC policy meeting statement. The FOMC left interest […]

By KBFX | December 12, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 11, 2019 – Canadian Dollar counting down to FOMC meeting

USD/CAD Open: 1.3230-1.3231, Overnight Range: 1.3216-1.3239 Oil is at $58.32 and gold is at $1,475.60. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3248. Support is at 1.3208. The Canadian dollar traded quietly overnight, alongside the rest of the G-10 major currencies. FX traders worldwide are […]

By KBFX | December 11, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 10, 2019 – Canadian Dollar parked

USD/CAD Open: 1.3239-1.3240, Overnight Range: 1.3224-1.3249 Oil is at $59.28 and gold is at $1,467.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3256. Support is at 1.3210. The Canadian dollar is parked. It has yet to recover following Friday’s post-US and Canadian employment report sell-off, […]

By KBFX | December 10, 2019 | Daily Update | 0 comments Read more >

Scotiabank Momentum No-Fee Visa Card: Everything You Need to Know

The Scotia Momentum® No-Fee VISA* card is a popular option among people seeking a practical card for everyday use. In this article, we’ll give you a run-through of everything you need to know about the card. This will help you determine whether it’s right for you. Apply Now Fast Facts: Scotiabank Momentum No-Fee Visa Card […]

By Victor | December 9, 2019 | Guides | 0 comments Read more >

Canadian Dollar Update December 9, 2019 – Canadian Dollar sank by US and Canada employment data

USD/CAD Open: 1.3251-1.3252, Overnight Range: 1.3230-1.3265 Oil is at $59.01 and gold is at $1,466.20. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3271. Support is at 1.3207. The Canadian dollar was torpedoed on Friday. A surprisingly robust US nonfarm payrolls report combined with an extremely […]

By KBFX | | Daily Update | 0 comments Read more >

Canadian Dollar Update December 6, 2019 – Canadian Dollar consolidating gains ahead of Jobs report

USD/CAD Open: 1.3173-1.3174, Overnight Range: 1.3171-1.3259 Oil is at $59.46 and gold is at $1,466.70. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3277. Support is at 1.3222. The Canadian dollar is consolidating its post-Bank of Canada (BoC) monetary policy statement gains. The currency rallied sharply […]

By KBFX | December 6, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 5, 2019 – Canadian Dollar soars after hawkish BoC statement

USD/CAD Open: 1.3200-1.3201, Overnight Range: 1.3158-1.3202 Oil is at $58.86 and gold is at $1,482.60. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3208. Support is at 1.3145. The Canadian dollar soared yesterday, following a surprisingly hawkish tone to the Bank of Canada (BoC) monetary policy […]

By KBFX | December 5, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 4, 2019 – Canadian Dollar counting down to BoC meeting

USD/CAD Open: 1.3295-1.3296, Overnight Range: 1.3212-1.3297 Oil is at $58.22 and gold is at $1,478.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3324. Support is at 1.3148. The Canadian dollar inched higher overnight, despite a somewhat risk-averse environment. Canadian dollar traders were looking ahead to […]

By KBFX | December 4, 2019 | 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 are likely to affect the CAD. 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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