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 August 21, 2019 – Canadian Dollar climbs ahead of inflation data

USD/CAD Open: 1.3317-1.3318 Overnight Range: 1.3249-1.3324 Oil is at $56.97 and gold is at $1,512.00. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3294. Support is at 1.3231. The Canadian dollar drifted higher overnight as did the Australian dollar. These were the only currencies to eke […]

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

Canadian Dollar Update August 20, 2019 – Canadian Dollar flirting with support

USD/CAD Open: 1.3323-1.3324 Overnight Range: 1.3308-1.3346 Oil is at $55.52 and gold is at $1,515. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3359. Support is at 1.3294. The Canadian dollar came under selling pressure yesterday and never recovered. Prices closed at the session low, consolidated […]

By KBFX | August 20, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 19, 2019 – Canadian Dollar opens with little change

USD/CAD Open: 1.3269-1.3270 Overnight Range: 1.3250-1.3277 Oil is at $55.82 and gold is at $1,508. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3290. Support is at 1.3230. The Canadian dollar opened in Toronto unchanged from where it closed on Friday. Even so, it managed to […]

By KBFX | August 19, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 16, 2019 – Canadian Dollar pressure by external issues

USD/CAD Open: 1.3312-1.3313 Overnight Range: 1.3285-1.3324 Oil is at $54.46 and gold is at $1,524. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3327. Support is at 1.3282. The Canadian dollar is closing out the week a tad worse for wear, and it is due to […]

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

PayPal Conversion Rates

As of the third quarter of 2018 PayPal has about 254 million active registered users across the world, showing how significant a presence PayPal has in the world of e-commerce. With such a large global presence, it’s not surprising that one would wonder how PayPal comes up with the exchange rate they use when one […]

By Victor | | Guides | 0 comments Read more >

FX Monthly Outlook – August 2019

Economic Outlook and Summary The U.S Federal Reserve has recently signaled towards tightening monetary policy, after it cut interest rates for the first time since 2008—by 0.25 percentage points. Although the USD saw a brief decline, the Feds hawkish turn has resulted a rally of up to 1.25 percentage points, since the announcement. Further trade […]

By KBFX | August 15, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Update August 15, 2019 – Canadian Dollar pressured by US recession fears

USD/CAD Open: 1.3319-1.3320 Overnight Range: 1.3285-1.3338 Oil is at $54.51 and gold is at $1,526. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3367. Support is at 1.3277. The Canadian dollar sank alongside the rest of the G-10 major currencies yesterday and consolidated those losses overnight. […]

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

Canadian Dollar Update August 14, 2019 – Canadian Dollar on a yo-yo

USD/CAD Open: 1.3222-1.3223 Overnight Range: 1.3210-1.3316 Oil is at $55.16 and gold is at $1,526. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3337. Support is at 1.3262. The Canadian dollar bounces up and down like a yoyo on a string. President Trump announced that he […]

By KBFX | August 14, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 13, 2019 – Canadian Dollar tracking greenback

USD/CAD Open: 1.3237-1.3238 Overnight Range: 1.3222-1.3294 Oil is at $56.22 and gold is at $1,509. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3342. Support is at 1.3127. The Canadian dollar underperformed its antipodean cousins against the US dollar, overnight. AUDUSD and NZDUSD managed to squeeze […]

By KBFX | August 13, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 8, 2019 – Canadian Dollar drops alongside oil prices

USD/CAD Open: 1.3301-1.3302 Overnight Range: 1.3272-1.3314 Oil is at $52.36 and gold is at $1,504. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3326. Support is at 1.3267. The Canadian dollar came under renewed pressure yesterday when oil prices plunged again, in a move exacerbated by […]

By KBFX | August 8, 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.
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