When Would Opening a Foreign Currency Account Make Sense?
If you often send money or make payments overseas from Canada, opening a foreign currency account in Canada can help you save […]September 10 2021Read more
Canadian Dollar Update, September 10, 2021 – Canadian dollar rebounds
USD/CAD Open: 1.2610-14, Overnight Range: 1.2597-1.2671, Previous Close: 1.2665 WTI Oil is at $69.76 and gold is at $1,792.10. US markets are […]September 10 2021Read more
What Is Price Action Strategy in Trading?
If you just came across the term price action trading, you’re probably wondering what it is. In simple terms, the price action […]September 9 2021Read more
The Pros and Cons of Forex Day Trading
Whether you are a beginner or an expert in forex trading, chances are you have heard about forex day trading. Unfortunately, most […]September 9 2021Read more
What is the Trend Following Strategy in Trading?
As an amateur or even a pro in trading, one of the trading strategies you will be curious to know more about […]September 9 2021Read more
What Is a Mean Reversion Strategy in Trading?
If you are a forex trader, it’s imperative to understand how the mean reversion strategy works. Most traders have already developed techniques […]September 9 2021Read more
Canadian Dollar Update, September 9, 2021 – Canadian dollar under pressure
USD/CAD Open: 1.2685-89, Overnight Range: 1.2681-1.2726, Previous Close: 1.2695 WTI Oil is at $69.09 and gold is at $1,795.30. US markets are […]September 9 2021Read more
Canadian Dollar Update, September 8, 2021 – Canadian dollar plummets
USD/CAD Open: 1.2678-82, Overnight Range: 1.2628-1.2705, Previous Close: 1.2647 WTI Oil is at $68.98 and gold is at $1,793.90. US markets are […]September 8 2021Read more
Canadian Dollar Update, September 7, 2021 – Canadian dollar rejects gains
USD/CAD Open: 1.2574-78, Overnight Range: 1.2512-1.2590, Previous Close: 1.2525 WTI Oil is at $68.03 and gold is at $1,797.90. US markets are […]September 7 2021Read more
Canadian Dollar Update, September 3, 2021 – Canadian dollar breaking higher
USD/CAD Open: 1.2548-52, Overnight Range: 1.2536-1.2558, Previous Close: 1.2553 WTI Oil is at $69.90 and gold is at $1,828.50. US markets are […]September 3 2021Read 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.