Monthly FX Update | April 2023
Economic Outlook and Summary Traders were very skittish in March. They went from sheer panic at the prospect of a major US […]April 5 2023Read more
Canadian Dollar Update – Canadian dollar becoming overbought
USD/CAD Open: 1.3416-20, Overnight Range: 1.3413-1.3443, Previous Close: 1.3436 WTI Oil open at $80.93 and gold open at $1,982.75. US markets are […]April 4 2023Read more
Canadian Dollar Update – Canadian dollar gets boost from Opec
USD/CAD Open: 1.3480-85, Overnight Range: 1.3461-1.3535, Previous Close: 1.3517 WTI Oil open at $79.74 and gold open at $1,966.22. US markets are […]April 3 2023Read more
Canadian Dollar Update – Canadian dollar hangs on to gains
USD/CAD Open: 1.3546-50, Overnight Range: 1.3532-1.3580, Previous Close: 1.3558 WTI Oil open at $73.67 and gold open at $1,967.38. US markets are […]March 30 2023Read more
Canadian Dollar Update – Canadian dollar breaking barriers
USD/CAD Open: 1.3586-90, Overnight Range: 1.3576-1.3615, Previous Close: 1.3598 WTI Oil open at $74.08 and gold open at $1,967.52. US markets are […]March 29 2023Read more
Canadian Dollar Update – Canadian dollar attempting to break higher.
USD/CAD Open: 1.3684-88, Overnight Range: 1.3634-1.3694, Previous Close: 1.3660 WTI Oil open at $73.40 and gold open at $1,953.78. US markets are […]March 29 2023Read more
Canadian Dollar Update, March 27, 2023 – Canadian dollar bounces back.
USD/CAD Open: 1.3729-33, Overnight Range: 1.3704-43, Previous Close: 1.3744 WTI Oil open at $67.53 and gold open at $1,995.45. US markets are […]March 27 2023Read more
Canadian Dollar Update, March 23, 2023 – Canadian dollar inching higher, but still rangebound.
USD/CAD Open: 1.3673-78, Overnight Range: 1.3676-1.3733, Previous Close: 1.3731 WTI Oil open at $70.13 and gold open at $1,978.35. US markets are […]March 23 2023Read more
6 Best Practices for Writing a Cheque In RBC
Although there are many ways of sending money nowadays, like e-transfers, knowing how to write a cheque to RBC (if it’s your […]March 23 2023Read more
How to Find Transit Number in RBC Bank in Canada
As an RBC client, the transit number is necessary to complete all the necessary transactions. For example, you’ll need to use your […]March 23 2023Read 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.