What Are Traveller’s Cheques and How Do They Work?
You’ve probably heard of traveller’s cheques but may not have used them. A traveller’s cheque is among the many cashless methods of […]November 18 2021Read more
Canadian Dollar Update, November 17, 2021 – Canadian dollar awaiting domestic inflation report
USD/CAD Open: 1.2571-75, Overnight Range: 1.2543-1.2585, Previous Close: 1.2561 WTI Oil is at $77.99 and gold is at $1,868.10. US markets are […]November 17 2021Read more
Canadian Dollar Update, November 16, 2021 – Canadian dollar steady ahead of US Retail Sales
USD/CAD Open: 1.2529-33, Overnight Range: 1.2495-1.2534, Previous Close: 1.2514 WTI Oil is at $80.95 and gold is at $1,851.80. US markets are […]November 16 2021Read more
Canadian Dollar Update, November 15, 2021 – Canadian dollar rebounds
USD/CAD Open: 1.2521-25, Overnight Range: 1.2522-1.2554, Previous Close: 1.2552 WTI Oil is at $79.44 and gold is at $1,862.30. US markets are […]November 15 2021Read more
Canadian Dollar Update, November 12, 2021 – Canadian dollar trading near support
USD/CAD Open: 1.2595-99, Overnight Range: 1.2571-1.2603, Previous Close: 1.2580 WTI Oil is at $80.94 and gold is at $1,863.30. US markets are […]November 12 2021Read more
Canadian Dollar Update, November 11, 2021 – Canadian dollar tumbles
USD/CAD Open: 1.2562-66, Overnight Range: 1.2481-1.2570, Previous Close: 1.2496 WTI Oil is at $81.38 and gold is at $1,865.60. US markets are […]November 11 2021Read more
November 2021: FX Outlook
Economic Outlook and Summary The Canadian Dollar has gotten stronger thanks to our strong economic recovery from the pandemic. The US Dollar […]November 10 2021Read more
Canadian Dollar Update, November 10, 2021 – Canadian dollar rises ahead of US CPI
USD/CAD Open: 1.2420-24, Overnight Range: 1.2413-1.2444, Previous Close: 1.2436 WTI Oil is at $82.81 and gold is at $1,859.00. US markets are […]November 10 2021Read more
Canadian Dollar Update, November 9, 2021 – Canadian dollar trading sideways
USD/CAD Open: 1.2435-39, Overnight Range: 1.2431-1.2458, Previous Close: 1.2442 WTI Oil is at $82.68 and gold is at $1,826.80. US markets are […]November 9 2021Read more
What Is a Currency Exchange Rate Peg?
A currency exchange rate peg is a financial arrangement in which a country’s government commits to maintaining the value of its currency […]November 8 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.