Expert, money saving updates, forecasts & tips on the CAD exchange

Canadian Dollar Update, December 6, 2022 – Canadian dollar gets spanked

USD/CAD Open: 1.3627-31, Overnight Range: 1.3573-1.3630,  Previous Close: 1.3588 WTI Oil open at $76.25 and gold open at $1,774.74. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, December 5, 2022 – Canadian dollar attempting to rally

USD/CAD Open: 1.3433-37, Overnight Range: 1.3387-1.3472,  Previous Close: 1.3472 WTI Oil open at $81.70 and gold open at $1,795.32. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, December 2, 2022 – Canadian dollar gains lag those of G-10 majors

USD/CAD Open: 1.3436-40, Overnight Range: 1.3423-1.3451,  Previous Close: 1.3432 WTI Oil open at $81.13 and gold open at $1,800.28. US markets are mixed today. For today, USD resistance is at...

December 2022: FX Outlook

Economic Outlook and Summary November had a hawkish bias after a series of interest rate hikes by the Reserve Bank of Australia, Reserve Bank of New Zealand, Federal Reserve, and...

Canadian Dollar Update, December 1, 2022 – Canadian dollar rallies after Powell speech

USD/CAD Open: 1.3427-31, Overnight Range: 1.3397-1.3435,  Previous Close: 1.3418 WTI Oil open at $81.00 and gold open at $1,776.69. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, November 30, 2022 – Canadian dollar attempting to recover

USD/CAD Open: 1.3544-48, Overnight Range: 1.3514-1.3592,  Previous Close: 1.3579 WTI Oil open at $80.05 and gold open at $1,758.62. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update, November 29, 2022 – Canadian dollar gains lag antipodean

USD/CAD Open: 1.3452-56, Overnight Range: 1.3411-1.3511,  Previous Close: 1.3496 WTI Oil open at $79.26 and gold open at $1,755.57. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, November 28, 2022 – Canadian dollar roiled by risk aversion

USD/CAD Open: 1.3434-38, Overnight Range: 1.3397-1.3472,  Previous Close: 1.3381 WTI Oil open at $73.78 and gold open at $1,760.55. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, November 25, 2022 – Canadian dollar drifting

USD/CAD Open: 1.3341-45, Overnight Range: 1.3320-1.3369,  Previous Close: 1.3338 WTI Oil open at $79.63 and gold open at $1,752.26. US markets are mixed today. For today, USD resistance is at...

The Fundamentals of Deliverable vs. Non-Deliverable Forward Contracts

Understanding the principles of a deliverable forward vs. non-deliverable forward contract can help you leverage your investments in the foreign exchange market. Both are forward contracts but with different provisions,...