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 July 4, 2019 – Canadian Dollar grinding out gains

USD/CAD Open: 1.3060-1.3061 Overnight Range: 1.3053-1.3086 Oil is at $56.86 and gold is at $1,417. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3085. Support is at 1.3043. The Canadian dollar is still grinding out gains. The rally that began on July 17 is intact, but […]

By KBFX | July 4, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 3, 2019 – Canadian Dollar shrugs off oil price weakness

USD/CAD Open: 1.3075-1.3076 Overnight Range: 1.3064-1.3120 Oil is at $56.90 and gold is at $1,416. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3130. Support is at 1.3037. The Canadian dollar ignored yesterday’s sharp drop in West Texas Intermediate oil prices and traded narrowly in a […]

By KBFX | July 3, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update July 2, 2019 – Canadian Dollar suffers from broad US dollar strength

USD/CAD Open: 1.3123-1.3124 Overnight Range: 1.3112-1.3138 Oil is at $58.53 and gold is at $1,395. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3169. Support is at 1.3085. Canadian FX traders returned to their desks after the Canada long weekend to find the Canadian dollar about […]

By KBFX | July 2, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 28, 2019 – Canadian Dollar surges in Q2

USD/CAD Open: 1.3096-1.3097 Overnight Range: 1.3067-1.3112 Oil is at $59.21 and gold is at $1,410. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3117. Support is at 1.3054. The Canadian dollar had a strong performance in the second quarter of 2019. The Loonie gained 1.9% from […]

By KBFX | June 28, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 27, 2019 – Canadian Dollar rides G-20 optimism wave

USD/CAD Open: 1.3119-1.3120 Overnight Range: 1.3110-1.3138 Oil is at $59.36 and gold is at $1,406. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3158. Support is at 1.3099. The world leaders from the top twenty nations are gathering in Osaka, Japan. They are gathered to discuss […]

By KBFX | June 27, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 26, 2019 – Canadian Dollar rises with crude

USD/CAD Open: 1.3157-1.3158 Overnight Range: 1.3142-1.3196 Oil is at $59.46 and gold is at $1,410. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3184. Support is at 1.3130. The Canadian dollar is probing resistance in the USDCAD 1.3120-50 zone, in part due to another rise in […]

By KBFX | June 26, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 25, 2019 – Canadian Dollar grinding higher

USD/CAD Open: 1.3169-1.3170 Overnight Range: 1.3152-1.3205 Oil is at $58.22 and gold is at $1,435. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3201. Support is at 1.3123. The Canadian dollar is grinding out gains, supported by lofty oil and gold prices. Gold (XAUUSD) has soared […]

By KBFX | June 25, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 24, 2019 – Canadian Dollar pumped by oil

USD/CAD Open: 1.3198-1.3199 Overnight Range: 1.3177-1.3225 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $57.95 and gold is at $1,410. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3223. Support is at 1.3169. The Canadian dollar recovered all of Friday’s losses […]

By KBFX | June 24, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 21, 2019 – Canadian Dollar basks in summer sunshine

USD/CAD Open: 1.3204-1.3205 Overnight Range: 1.3162-1.3216 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $57.35 and gold is at $1,402. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3229. Support is at 1.3172. The Canadian dollar held on to its recent […]

By KBFX | June 21, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 20, 2019 – Canadian Dollar rides the Fed wave

USD/CAD Open: 1.3178-1.3179 Overnight Range: 1.3151-1.3290 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $56.03 and gold is at $1,387. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3230. Support is at 1.3101. The Canadian dollar soared yesterday and continued to […]

By KBFX | June 20, 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.