Monthly Canadian Dollar Outlook/Forecast

Our Canadian Dollar Forecast/Outlook will keep you up-to-date on CAD-related updates and forecasts. Our technical analysis will keep abreast on the CAD forecast and how its affected by oil prices, the economy, the events over the last week and how they affect the Canadian dollar outlook/forecast.

FX Monthly Outlook – July 2019

Economic Outlook and Summary The U.S Federal Reserve’s dovish turn in the month of June caused the U.S dollar to register its first loss since January 2019. The Fed has signaled rate cuts could be coming in 2019 and possibly be in the month of July. Since the USD is heavily trade-weighted, it is still […]

By KBFX | July 15, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Update June 2019

Economic Outlook and Summary Federal Reserve Chairman Powell has signaled the Fed will look to cut rates, if necessary, in 2019 and it looks like they are prepared for U.S President Trump’s trade war and the implications of it on the U.S economy. Expectations around the Federal Reserve believe to be that there will be […]

By KBFX | June 15, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Update May 2019

Economic Outlook and Summary The Bank of Canada is currently following in the footstep of the Federal Reserve by taking a more dovish stance and downgrading the outlook in accordance to the reality of available data. The struggling Canadian dollar has been largely range-bound between 73 and 77 U.S cents since last summer, still lacking […]

By KBFX | May 24, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook April 2019

Economic Outlook and Summary The Federal Reserve announced that it would not raise interest rates for 2019 and it does not look like they plan for any rate hikes until next year. An inverted yield curve in the U.S. is alarming the Fed and investors all over as it shows signs of an oncoming recessionary […]

By KBFX | April 10, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Update March 2019

Economic Outlook and Summary U.S and Canada’s central banks have shifted into a wait-and-see mode now that their policy rates are narrowing in on the lower bound estimates of the neutral range. Waiting will hopefully reset the bar for further rate hikes in 2019, but there is uncertainty surrounding an economic recovery that can sustain […]

By KBFX | March 5, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Update February 2019

Economic Outlook and Summary Overall, not much change has occurred since last month’s currency forecast. Although the US Dollar has potential to strengthen at times, due to a return of risk aversion, it is expected that the USD will continue to trend downwards. Hopefully our world leaders leave the global trade flows unhampered which will […]

By KBFX | February 8, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook January 2019

Economic Outlook and Summary As we saw late last year, our CAD depreciated by 8% against the USD. As it turns out, so far, we have seen the USD now dramatically dropping. This is particularly due to the return of risk taking after the collapse in the global stock market last year. Therefore, for the […]

By KBFX | January 10, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook December 2018

Economic Outlook and Summary The month of November featured the Canadian Dollar and Economy dropping to yearly lows with a bearish outlook for the near term. A major factor was the significant drop in crude oil prices since the previous month hitting lows at around January 2016 levels. There have been hints at a slightly […]

By KBFX | December 11, 2018 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook November 2018

Economic Outlook and Summary During the month of October, the Canadian Dollar and economy disappointed following the new United-States-Mexico-Canada Agreement (USMCA) being finalized last month. This had been a direct result from the weakness of the USMCA and some stronger labour data being released for the month of September showing volatility from previous months of […]

By KBFX | November 12, 2018 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Forecast October 2018

Economic Outlook and Summary The month of September the Canadian Dollar and Economy showed to gain traction, as the month showed a clearer economic picture near the end of the month as uncertainty still loomed in the beginning of the month and resulted in a weaker Loonie. After many months of negotiations with NAFTA it […]

By Admin | October 9, 2018 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >