Understanding Currency Convertibility
The convertibility of currency matters a lot when it comes to international payments and transactions. For that reason, it’s essential to understand […]December 17 2021Read more
Specified Foreign Property Explained
If you’ve ever owned a specified foreign property costing C$100,000 or more in any tax year, you must report the assets to […]December 17 2021Read more
December 2021: FX Outlook
Economic Outlook and Summary The greenback continues to rise, hovering close to yearly highs as we look forward to the new year. […]December 17 2021Read more
Canadian Dollar Update, December 16, 2021 – Canadian dollar bounces back
USD/CAD Open: 1.2775-79, Overnight Range: 1.2777-1.2856, Previous Close: 1.2833 WTI Oil is at $71.98 and gold is at $1,800.40. US markets are […]December 16 2021Read more
Canadian Dollar Update, December 15, 2021 – Canadian dollar taking a dive
USD/CAD Open: 1.2874-78, Overnight Range: 1.2847-1.2883, Previous Close: 1.2864 WTI Oil is at $71.54 and gold is at $1,777.80. US markets are […]December 15 2021Read more
Canadian Dollar Update, December 14, 2021 – Canadian dollar underperforming
USD/CAD Open: 1.2810-14, Overnight Range: 1.2800-1.2825, Previous Close: 1.2800 WTI Oil is at $70.36 and gold is at $1,771.80. US markets are […]December 14 2021Read more
Canadian Dollar Update, December 10, 2021 – Canadian dollar soft ahead of US inflation data
USD/CAD Open: 1.2716-20, Overnight Range: 1.2695-1.2721, Previous Close: 1.2713 WTI Oil is at $71.42 and gold is at $1,783.40. US markets are […]December 10 2021Read more
Canadian Dollar Update, December 9, 2021 – Canadian dollar dips following BoC statement
USD/CAD Open: 1.2675-79, Overnight Range: 1.2652-1.2692, Previous Close: 1.2652 WTI Oil is at $71.75 and gold is at $1,776.20. US markets are […]December 9 2021Read more
Canadian Dollar Update, December 8, 2021 – Canadian dollar probing resistance
USD/CAD Open: 1.2634-38, Overnight Range: 1.2618-1.2662, Previous Close: 1.2640 WTI Oil is at $72.53 and gold is at $1,786.10. US markets are […]December 8 2021Read more
Canadian Dollar Update, December 7, 2021 – Canadian dollar rallies
USD/CAD Open: 1.2696-00, Overnight Range: 1.2698-1.2766, Previous Close: 1.2757 WTI Oil is at $71.74 and gold is at $1,784.90. US markets are […]December 7 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.