Canadian Dollar Update, February 4, 2022 – Canadian Dollar Ignores Oil Price Surge
USD/CAD Open: 1.2722-26, Overnight Range: 1.2665-1.2732, Previous Close: 1.2675 WTI Oil is at $91.93 and gold is at $1,808.80. US markets are […]February 4 2022Read more
Canadian Dollar Update, February 3, 2022 – Canadian Dollar Trading Sideways
USD/CAD Open: 1.2711-15, Overnight Range: 1.2672-1.2710, Previous Close: 1.2669 WTI Oil is at $88.65 and gold is at $1,806.50. US markets are […]February 3 2022Read more
Canadian Dollar Update, February 2, 2022 – Canadian Dollar Idling
USD/CAD Open: 1.2682-86, Overnight Range: 1.2677-1.2697, Previous Close: 1.2685 WTI Oil is at $88.34 and gold is at $1,806.30. US markets are […]February 2 2022Read more
Canadian Dollar Update, February 1, 2022 – Canadian Dollar Takes a Turn for the Better
USD/CAD Open: 1.2674-78, Overnight Range: 1.2657-1.2721, Previous Close: 1.2707 WTI Oil is at $88.36 and gold is at $1,801.20. US markets are […]February 2 2022Read more
Canadian Dollar Update, January 31, 2022 – Canadian Dollar Choppy from Month-end Flows
USD/CAD Open: 1.2738-42, Overnight Range: 1.2722-1.2775, Previous Close: 1.2767 WTI Oil is at $87.29 and gold is at $1,798.30. US markets are […]January 31 2022Read more
Canadian Dollar Update, January 28, 2022 – Canadian Dollar Diving Deeper
USD/CAD Open: 1.2787-91, Overnight Range: 1.2715-1.2795, Previous Close: 1.2742 WTI Oil is at $87.29 and gold is at $1,792.30. US markets are […]January 29 2022Read more
How are Train Station Exchange Rates Determined?
If you ever need to exchange money while travelling on a train, you should know how the train station exchange rate is […]January 28 2022Read more
What is a Currency Exchange Chart?
Traders use a currency conversion chart to analyze how a currency pair moves over a set period. Due to random events, market […]January 28 2022Read more
Commercial Bank Exchange Rates
When you plan to exchange your currency in banks, you first need to know the current commercial bank exchange rate. Banks usually […]January 28 2022Read more
What is Currency Depreciation and How Does It Affect Foreign Exchange Rates
You’ve probably come across the term currency depreciation and have wondered, “What is currency depreciation?” Currency depreciation is a decline in the […]January 28 2022Read 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.