Canadian Dollar Update – Canadian Dollar declaring independence
US markets closed for July 4th holiday Risk sentiment improvements fuels US dollar sell-off. US dollar trading sharply lower, except against yen. […]July 4 2024Read more
FX Monthly Update | July 2024
Economic Outlook and Summary Will they? Won’t they? And what will they say? That sums up the global market’s fixation on the […]July 4 2024Read more
Canadian Dollar Update – Canadian Dollar bounces back
US markets close early today. FOMC minutes and plenty of US data on tap. US dollar retreats, posting losses across the board. […]July 3 2024Read more
Canadian Dollar Update – Canadian Dollar under pressure
Greenback rises with Trump presidential odds. JOLTS job-openings and Fed Powell in focus today. US dollar consolidating Monday’s gains. USDCAD: open […]July 2 2024Read more
Canadian Dollar Update – Canadian Dollar Awaiting Canada Day
Canadian economy is expected to have grown 0.3% m/m in April. Canadian markets are closed on Monday. US dollar opens mixed after […]June 28 2024Read more
Canadian Dollar Update – Canadian Dollar Uninspired
BoC July rate cut hopes downgraded. Lots of US data but little interest. US dollar inches higher in quiet overnight session. USDCAD: […]June 28 2024Read more
Canadian Dollar Update – Canadian Dollar Struggling
Loonie gives back post-CPI gains. Hawkish Fed-speak underpins greenback US dollar opens with gains across the board, except against AUD. USDCAD: open […]June 26 2024Read more
Canadian Dollar Update – Canadian Dollar steady into CPI
Canadian inflation data on tap. BoC Governor predicting economic soft landing. US dollar mixed in uneventful trading. USDCAD: open 1.3659, overnight range […]June 25 2024Read more
Canadian Dollar Update – Canadian Dollar trading sideways
Large USDCAD option expiries and Retail Sales ahead. Eurozone PMI’s weaker than expected. US dollar consolidating recent gains in subdued overnight session. […]June 24 2024Read more
Canadian Dollar Update – Canadian Dollar Undecided
Large USDCAD option expiries and Retail Sales ahead. Eurozone PMI’s weaker than expected. US dollar consolidating recent gains in subdued overnight session. […]June 22 2024Read 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.
