Canadian Dollar Update – Canadian dollar ignores election results
Carney leads Liberals to victory—opposition leaders lose their seats. US JOLTS data and Consumer Confidence put the focus on recession risks. US […]April 29 2025Read more
Canadian Dollar Update – Canadian dollar spinning its wheels
Cautious start to trading ahead of key US data this week and month end flows. Global equities rise on improved risk […]April 28 2025Read more
Canadian Dollar Update – Canadian dollar feeling some pressure
China and US talk about lowering some tariffs on some goods. Canada Retail Sales -Ex autos forecast -0.4% (previously 0.2% m/m) US […]April 26 2025Read more
Canadian Dollar Update – Canadian dollar feeling some pressure
Renewed trade fears turn sentiment bearish. US Durable Goods Orders and weekly jobless claims on tap. US dollar consolidating yesterdays gains but […]April 24 2025Read more
Canadian Dollar Update – Canadian dollar treading water
Risk sentiment turns positive as Trump back-tracks on Powell. Stock markets rally and Treasury yields sink US dollar rallies but CAD and […]April 23 2025Read more
Canadian Dollar Update – Canadian dollar soaring
Trump’s threat to fire Powell tanks greenback. China Leaves benchmark rates unchanged US dives across the board. USDCAD: open 1.3797, overnight range […]April 21 2025Read more
Canadian Dollar Update – Canadian dollar rallies after BoC pauses
BoC left rates unchanged, and Loonie rallied Fed Chair Powell fears higher inflation. US trading defensively in narrow ranges USDCAD: open 1.3892, […]April 17 2025Read more
Canadian Dollar Update – Canadian dollar consolidating ahead of BoC
Analysts are divided as to a BoC rate hold or cut decision. Fed Chair Powell on tap this afternoon US opens mixed […]April 16 2025Read more
Canadian Dollar Update – Canadian dollar awaiting inflation news
Canada CPI expected to be unchanged in March. Trump hinting at a pause in auto tariffs. US still on the defensive. […]April 15 2025Read more
Is Zelle Available in Canada? Here’s What You Need to Know
If you’ve been wondering, “Is Zelle available in Canada?” The short answer is no. Under Zelle’s current terms, it only works with […]April 15 2025Read 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.
