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 of the CAD forecast and how it’s affected by oil prices, the economy (including GDP and debt), the events over the last week and how they affect the Canadian dollar outlook/forecast.  KnightsbridgeFX is your source for Forex news.

FX Monthly Outlook – November 2019

Economic Outlook and Summary The Federal Reserve announced an interest rate cut of 25 basis point—to 1.50-1.75%. Quantitative easing continues to provide moderate support for the economy as the reserve continues to repurchase treasury bill—maintaining the funds rate within range. Additionally, the US-China trade war remains unclear as the two parties indicate differing outlooks. Following […]

By KBFX | November 18, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

FX Monthly Outlook – October 2019

Economic Outlook and Summary The Federal Reserve signaled towards a dovish stance in early-October as it announced it will begin to purchase Treasury bills and conduct overnight repurchase agreements—a sign of short-term quantitative easing. Additionally, the US agreed to hold tariffs at 25% and China agreed to purchase 40-50 billion dollars of US agriculture, signaling […]

By KBFX | October 18, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

FX Monthly Outlook – September 2019

Economic Outlook and Summary After strong economic indicators demonstrated an increased probability of a recession in the U.S, investors will be looking towards the Federal Reserve as they expect a rate-cut of 25 basis points. Despite a strong August for employment and business activity, an inversion of the 10- and 2-year yield curve and the […]

By KBFX | September 17, 2019 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

FX Monthly Outlook – August 2019

Economic Outlook and Summary The U.S Federal Reserve has recently signaled towards tightening monetary policy, after it cut interest rates for the first time since 2008—by 0.25 percentage points. Although the USD saw a brief decline, the Feds hawkish turn has resulted a rally of up to 1.25 percentage points, since the announcement. Further trade […]

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

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 >