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 October 17, 2019 – Canadian Dollar rides the Brexit wave

USD/CAD Open: 1.3197-1.3198 Overnight Range: 1.3146-1.3211 Oil is at $52.88 and gold is at $1,497.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3185. Support is at 1.3117. The Canadian dollar rode the Brexit wave and is probing resistance near the 76.0 US cent level. UK […]

By KBFX | October 17, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 16, 2019 – Canadian Dollar awaits inflation news

USD/CAD Open: 1.3199-1.3200 Overnight Range: 1.3185-1.3232 Oil is at $53.58 and gold is at $1,490.90. US markets are lower today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3249. Support is at 1.3159. The Canadian dollar is probing resistance in the USDCAD 1.3180-1.3200 zone. Some traders are hoping that higher than […]

By KBFX | October 16, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 15, 2019 – Canadian Dollar on fire

USD/CAD Open: 1.3234-1.3235 Overnight Range: 1.3204-1.3239 Oil is at $53.48 and gold is at $1,483.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3267. Support is at 1.3159. The Canadian dollar is on fire. Friday, Statistics Canada reported Canada added 53,700 new jobs in September. The […]

By KBFX | October 15, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 11, 2019 – Canadian Dollar rises ahead of employment data

USD/CAD Open: 1.3285-1.3286 Overnight Range: 1.3180-1.3300 Oil is at $54.34 and gold is at $1,482.80. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3222. Support is at 1.3175. The Canadian dollar extended yesterday’s gains in an active overnight session. Traders were scrambling to unwind safe-haven trades […]

By KBFX | October 11, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 10, 2019 – Canadian Dollar stays rangebound

USD/CAD Open: 1.3331-1.3332 Overnight Range: 1.3272-1.3345 Oil is at $53.22 and gold is at $1,498.50. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3336. Support is at 1.3279. The Canadian dollar remains locked in a narrow trading range. The USDCAD 1.3290-1.3345 trading band has contained price […]

By KBFX | October 10, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 9, 2019 – Canadian Dollar waiting FOMC minutes

USD/CAD Open: 1.3325-1.3326 Overnight Range: 1.3295-1.3328 Oil is at $53.09 and gold is at $1,513.60. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3338. Support is at 1.3301. The Canadian dollar continues to drift within its well-defined USDCAD trading band of 1.3240-1.3340. The release of the […]

By KBFX | October 9, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 8, 2019 – Canadian Dollar trading sideways

USD/CAD Open: 1.3309-1.3310 Overnight Range: 1.3287-1.3327 Oil is at $52.34 and gold is at $1,510.30. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3332. Support is at 1.3294. The Canadian dollar traded sideways in an uneventful (mostly) overnight session. FX markets saw a lot of “up […]

By KBFX | October 8, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update October 7, 2019 – Canadian Dollar mildly risk adverse

USD/CAD Open: 1.3323-1.3324 Overnight Range: 1.3290-1.3330 Oil is at $53.64 and gold is at $1,507.80. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3317. Support is at 1.3283. The Canadian dollar is suffering from a mild dose of risk aversion, which it caught from the other […]

By KBFX | October 7, 2019 | Daily Update | 0 comments Read more >

KnightsbridgeFX ranks on Canadian Business

KnightsbridgeFX.com had ranked No. 102 on Canada’s Fastest Growing Companies with Canadian Business Magazine. “Canadian Business celebrates success: the success of its audience, its business leaders, its industries, and of Canada itself.” – Canadian Business Magazine https://www.canadianbusiness.com/lists-and-rankings/growth-500/2019-ranking-g500/

By KBFX | October 4, 2019 | In the News | 0 comments Read more >

Canadian Dollar Update October 4, 2019 – Canadian Dollar is resilient

USD/CAD Open: 1.3334-1.3335 Overnight Range: 1.3296-1.3338 Oil is at $53.32 and gold is at $1,504.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3325. Support is at 1.3283. The Canadian dollar is resilient. It has thwarted attempts to knock the floor out from under it, even […]

By KBFX | | 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.
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