Canadian Dollar Update – Canadian dollar is resilient in face of Fed hike
Fed hikes and repeats next move is “data dependent.” The Canadian dollar experience some volatility following the widely expected 25 basis […]July 27 2023Read more
Canadian Dollar Update – Canadian dollar supported by improved risk sentiment
USD/CAD Open: 1.3162-66, Overnight Range: 1.3149-1.3187, Previous Close: 1.3168 WTI Oil open at $78.65 and gold open at $1,957.25. US markets are […]July 25 2023Read more
Monthly FX Update | July 2023
Economic Outlook and Summary June, saw divergent economic outlooks. Initially, the US dollar was under pressure as many believed the Federal Reserve […]July 20 2023Read more
Canadian Dollar Update – Canadian dollar gives back early morning gains
USD/CAD Open: 1.3162-66, Overnight Range: 1.3121-1.3171, Previous Close: 1.3164 WTI Oil open at $75.67 and gold open at $1,980.97. US markets are […]July 20 2023Read more
Canadian Dollar Update – Canadian dollar awaiting CPI
USD/CAD Open: 1.3192-96, Overnight Range: 1.3187-1.3211, Previous Close: 1.3200 WTI Oil open at $74.72 and gold open at $1,963.45. US markets are […]July 19 2023Read more
Canadian Dollar Update – Canadian dollar retreats
USD/CAD Open: 1.3219-22, Overnight Range: 1.3207-1.3231, Previous Close: 1.3218 WTI Oil open at $74.07 and gold open at $1,958.55. US markets are […]July 17 2023Read more
Canadian Dollar Update – Canadian dollar consolidates gains
USD/CAD Open: 1.3116-20, Overnight Range: 1.3094-1.3137, Previous Close: 1.3110 WTI Oil open at $76.85 and gold open at $1,956.11. US markets are […]July 14 2023Read more
Canadian Dollar Update – Canadian dollar rallies after BoC hikes
USD/CAD Open: 1.3156-60, Overnight Range: 1.3152-1.3193, Previous Close: 1.3187 WTI Oil open at $75.78 and gold open at $1,960.26. US markets are […]July 13 2023Read more
Canadian Dollar Update – Canadian dollar awaiting catalyst
USD/CAD Open: 1.3263-67, Overnight Range: 1.3247-1.3280, Previous Close: 1.3280 WTI Oil open at $73.30 and gold open at $1,937.68. US markets are […]July 11 2023Read more
Canadian Dollar Update – Canadian dollar buoyed by jobs data
USD/CAD Open: 1.3286-90, Overnight Range: 1.3274-1.3301, Previous Close: 1.3277 WTI Oil open at $73.49 and gold open at $1,923.41. US markets are […]July 10 2023Read 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.