Canadian Dollar Forecast and Updates

KnightsbridgeFX 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.

The 5 Best Online U.S. Bank Accounts to Open

With much gratitude for modern day technological advancements, the conventional banking system has been permanently disrupted for the better. If you can’t see yourself walking into a bank branch to register an account, you’ll be glad to hear that nowadays bank registering methods are much more convenient. With a steadily rising demand for more banking […]

By Alex | November 16, 2020 | Guides | 0 comments Read more >

How to Manage Currency Exchange Risk During COVID-19

No matter what temporary state the world foreign exchange market is currently in, it’s always important to try and manage currency exchange risk whenever you can. This statement especially holds true in scenarios like the COVID-19 pandemic, which impacts the market on a global scale. Companies and individuals alike have always been subject to foreign […]

By Alex | November 13, 2020 | Guides | 0 comments Read more >

Canadian Dollar Update, November 13, 2020 – Canadian Dollar Feeling “Unlucky”

USD/CAD Open: 1.3119-23, Overnight Range: 1.3116-1.3172 WTI Oil is at $40.30 and gold is at $1,885.70. US markets are higher today. For today, USD resistance is at 1.3189. Support is at 1.3114. • Friday the 13th looking unlucky for Loonie • Traders are cautious as US Coronavirus cases surge • US dollar poised to end […]

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

What Fees You Can Expect When Receiving Money in Canada

Whenever you’re dealing with international money transfers, whether they are inbound or outbound, they are subject to certain costs or fees. After all, currency conversion and money transfers are the “bread and butter” of a foreign exchange service, and using these platforms cost money to use. Different foreign exchange companies deal with different cost structures […]

By Alex | | Guides | 0 comments Read more >

Canadian Dollar Update, November 12, 2020 – Canadian Dollar Drifting Lower

USD/CAD Open: 1.3064-68, Overnight Range: 1.3051-1.3149 WTI Oil is at $42.18 and gold is at $1,877.30. US markets are mixed today. For today, USD resistance is at 1.3160. Support is at 1.3080. • Canadian dollar softer on renewed US dollar demand • US election drama weighs on risk sentiment • Global equities on the defensive […]

By KBFX | November 12, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, November 11, 2020 – Canadian Dollar Consolidating Gains

USD/CAD Open: 1.3035-39, Overnight Range: 1.3008-1.3076 WTI Oil is at $42.23 and gold is at $1,863.90. US markets are higher today. For today, USD resistance is at 1.3109. Support is at 1.3019. • US Politics and COVID-19 driving risk sentiment • RBNZ less dovish than expected: NZDUSD soars • US dollar firms and grinding out […]

By KBFX | November 11, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, November 10, 2020 – Canadian Dollar Rally Deflates

USD/CAD Open: 1.3039-43, Overnight Range: 1.2984-1.3050 WTI Oil is at $41.29 and gold is at $1,875.70. US markets are mixed today. For today, USD resistance is at 1.3030. Support is at 1.2981. • Yesterday’s COVID-19 vaccine euphoria fades • UK House of Lords rejects parts of Internal Markets Bill • US dollar firms against majors, […]

By KBFX | November 10, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, November 5, 2020 – Canadian Dollar Making a Move

USD/CAD Open: 1.3118-22, Overnight Range: 1.3037-1.3043 WTI Oil is at $38.46 and gold is at $1,950.70. US markets are higher today. For today, USD resistance is at 1.3071. Support is at 1.3019. • Canadian dollar drives higher in early Toronto trading • US election is still undecided • Global “risk-on” rally sinks US dollar Canadian […]

By KBFX | November 5, 2020 | Daily Update | 0 comments Read more >

Canadian Dollar Update, November 4, 2020 – Canadian Dollar Trading is Messy

USD/CAD Open: 1.3208-12, Overnight Range: 1.3095-1.3299 WTI Oil is at $39.02 and gold is at $1,893.70. US markets are mixed today. For today, USD resistance is at 1.3143. Support is at 1.3099. • Undecided US election roils FX markets • Equity markets trading firmer, Wall Street futures mixed • US dollar recovers yesterday’s losses The […]

By KBFX | November 4, 2020 | Daily Update | 0 comments Read more >

Best Practices for Travelling Internationally During COVID-19

It’s important to commit a few basic COVID-19 considerations and best safety practices to memory before embarking on an international journey. The COVID-19 situation is rapidly developing all around the globe and country-specific updates are coming in at a very fast rate. Whether you need to travel for business or leisure, make a conscious effort […]

By Alex | November 3, 2020 | Guides | 0 comments Read 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.
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