Monthly FX Update | May 2023
Economic Outlook and Summary April had a lot of drama. Fed officials followed up the March rate hike with a mixed message. […]May 10 2023Read more
Canadian Dollar Update – Canadian dollar in limbo
USD/CAD Open: 1.3390-94, Overnight Range: 1.3372-1.3396, Previous Close: 1.3384 WTI Oil open at $72.62 and gold open at $2,029.55. US markets are […]May 10 2023Read more
Canadian Dollar Update – Canadian dollar rally stall
USD/CAD Open: 1.3368-72, Overnight Range: 1.3367-1.3383, Previous Close: 1.3373 WTI Oil open at $72.50 and gold open at $2,028.39. US markets are […]May 9 2023Read more
Canadian Dollar Update – Canadian dollar extending gains
USD/CAD Open: 1.3340-44, Overnight Range: 1.3334-1.3386, Previous Close: 1.3376 WTI Oil open at $72.83 and gold open at $2,022.75. US markets are […]May 8 2023Read more
Canadian Dollar Update – Canadian dollar rebounds sharply
USD/CAD Open: 1.3505-09, Overnight Range: 1.3488-1.3540, Previous Close: 1.3538 WTI Oil open at $69.72 and gold open at $2,037.65. US markets are […]May 5 2023Read more
Canadian Dollar Update – Canadian dollar rangebound (again)
USD/CAD Open: 1.3607-11, Overnight Range: 1.3584-1.3631, Previous Close: 1.3615 WTI Oil open at $68.97 and gold open at $2,037.86. US markets are […]May 4 2023Read more
Canadian Dollar Update – Canadian dollar churning in broad range
USD/CAD Open: 1.3621-25, Overnight Range: 1.3605-1.3630, Previous Close: 1.3626 WTI Oil open at $70.14 and gold open at $2,017.18. US markets are […]May 3 2023Read more
Canadian Dollar Update – Canadian dollar reverses gains
USD/CAD Open: 1.3579-83, Overnight Range: 1.3530-1.3583, Previous Close: 1.3543 WTI Oil open at $75.15 and gold open at $1,983.70. US markets are […]May 2 2023Read more
Canadian Dollar Update – Canadian dollar rebounds
USD/CAD Open: 1.3572-76, Overnight Range: 1.3536-1.3580, Previous Close: 1.3546 WTI Oil open at $75.21 and gold open at $1,984.95. US markets are […]May 1 2023Read more
Canadian Dollar Update – Canadian dollar testing support
USD/CAD Open: 1.3653-57, Overnight Range: 1.3593-1.3666, Previous Close: 1.3591 WTI Oil open at $74.92 and gold open at $1,983.61. US markets are […]April 28 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.
