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.

Top 5 Best Places To Live In Canada For Immigrants

Throughout the recent decades, Canada has been a highly desirable residency location for millions of new immigrants. For many Canadians this comes as no surprise – Canada offers its inhabitants a beautiful landscape along with plenty of opportunities for career work and recreation. All in all, the country’s high living standards and abundant multiculturalism is […]

By Alex | August 11, 2020 | Guides | 0 comments Read more >

Canadian Dollar Update, August 11, 2020 – Canadian Dollar probing resistance zone

USD/CAD Open: 1.3292-96, Overnight Range: 1.3270-1.3361 WTI Oil is at $42.27 and gold is at $1,951.00. US markets are mixed today. For today, USD resistance is at 1.3331. Support is at 1.3269. • Equity market rally turns FX risk sentiment to positive • Gold drops below $2,000.00 while oil prices rise • US dollar on […]

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

What Is A Remittance? A Few Things To Understand

When looking to understand the different service offerings provided by foreign exchange institutions, it’s important to get a firm grasp of the terminology. By now, you’ve likely come across the term “remittance” more than once while doing research on money transfers. At the most basic definition, a remittance is the act of sending or receiving […]

By Alex | August 10, 2020 | Guides | 0 comments Read more >

Canadian Dollar Update, August 10, 2020 – Canadian Dollar playing defence

USD/CAD Open: 1.3385-89, Overnight Range: 1.3333-1.3394 WTI Oil is at $42.23 and gold is at $2,039.00. US markets are mixed today. For today, USD resistance is at 1.3369. Support is at 1.3326. • FX traders ignoring rising stock markets, today • Trump uses executive powers to provide unemployment relief • US dollar bid on rising […]

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

How To Apply For Canadian PR in 12 Easy Steps

If you’re looking to obtain permanent residency status in Canada you will have to apply through the IRCC, also known as the Immigration Refugee and Citizenship Canada. While this application is by no means a quick and easy process, there are rules and guidelines that you can follow to simplify the ordeal. Whether you’re an […]

By Alex | August 7, 2020 | Guides | 0 comments Read more >

Canadian Dollar Update, August 7, 2020 – Canadian Dollar facing US Tariff wars

USD/CAD Open: 1.3361-65, Overnight Range: 1.3281-1.3398 WTI Oil is at $41.41 and gold is at $2,040.80. US markets are lower today. For today, USD resistance is at 1.3425. Support is at 1.3337. • Trump slaps tariffs on Canadian aluminum • Trump targets Chinese tech companies, equity indexes slide • US dollar climbs ahead of Canadian […]

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

Do You Have To Pay US Income Tax If You Move To Canada?

Regardless of where you’re currently residing in the world, if you have obtained US citizenship status (or permanent US residency) then you’ll have to disclose any globally-sourced income to the government. Your annual tax return must be filed each year without fail. If you’re holding foreign assets in offshore bank accounts you’ll need to submit […]

By Alex | August 6, 2020 | Guides | 0 comments Read more >

Canadian Dollar Update, August 6, 2020 – Canadian Dollar bounces off resistance

USD/CAD Open: 1.3269-73, Overnight Range: 1.3243-1.3323 WTI Oil is at $42.12 and gold is at $2,064.00. US markets are lower today. For today, USD resistance is at 1.3369. Support is at 1.3228. • Profit-taking ahead of employment data sinks commodity currencies • Bank of England leaves rates and policy unchanged • US dollar grinding higher […]

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

Western Union Canada Fees: An Overview

Sending funds abroad through international money transfers is a task that should be taken seriously. In today’s highly competitive business world, there are so many foreign exchange options on the market – each boasting their own competitive advantage. Truthfully, your focus when booking FX transactions should be to be as cost-efficient as possible. After all, […]

By Alex | August 5, 2020 | Guides | 0 comments Read more >

Canadian Dollar Update, August 5, 2020 – Canadian Dollar soars

USD/CAD Open: 1.3249-53, Overnight Range: 1.3233-1.3331 WTI Oil is at $42.35 and gold is at $2.047.60. US markets are higher today. For today, USD resistance is at 1.3337. Support is at 1.3220. • Gold roars higher • US dollar under pressure from several fronts • EURUSD supported by Retail Sales data The Canadian dollar surged […]

By KBFX | | Daily Update | 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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