Canadian Dollar Update – Canadian dollar teetering ahead of BoC
BoC expected to cut rates by 25 bps-FOMC to leave them unchanged. Lunar New Year begins in Asia-many centers are closed. […]January 29 2025Read more
Canadian Dollar Update – Canadian dollar tumbles on fresh tariff talk
Trump reiterates universal tariffs. Equities attempting to recoup yesterday’s losses. USD rallies against all the majors-JPY is the weakest. USDCAD: open 1.4413, […]January 28 2025Read more
Canadian Dollar Update – Canadian dollar trading sideways
Canadian dollar awaiting BoC and tariffs. Risk aversion rises on tariffs and AI USD trading with mixed bias USDCAD: open 1.4359, overnight […]January 27 2025Read more
Canadian Dollar Update – Canadian dollar stuck in the middle
Loonie consolidates gains following Trump’s Davos speech. Trump tells Opec to lower prices. USD falls sharply on improved risk sentiment. USDCAD: […]January 25 2025Read more
Canadian Dollar Update – Canadian dollar getting a reprieve
Lack of tariffs improves risk sentiment. Global equities grind higher. USD slides on profit-taking. USDCAD: open 1.4320, overnight range 1.4301-1.4354, close […]January 22 2025Read more
Canadian Dollar Update – Canadian dollar soars then sinks
Trump comments roil FX markets Canada inflation expected to fall USD opens with small losses after wild 24 hours. USDCAD: open […]January 21 2025Read more
Canadian Dollar Update – Canadian dollar awaiting tariff news
US markets closed for MLK day Global markets on hold for Trump inauguration. USD is steady but firm after quiet overnight […]January 20 2025Read more
Does Venmo Work in Canada?
There are several useful money transferring apps that are available around the world, including Venmo. Venmo has become a popular app for […]January 19 2025Read more
Canadian Dollar Update – Canadian dollar on the ropes
USDCAD: open 1.4411, overnight range 1.4389-1.4441 close 1.4394, WTI $78.19, Gold, $2704.23 The Canadian Dollar is facing significant headwinds thanks to […]January 17 2025Read more
Canadian Dollar Update – Canadian dollar suffering from tariff threat
US data to take back seat to Trump’s pending inauguration. Canada Premiers draft retaliatory tariff plans USD traded quietly but opens […]January 16 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.
