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 currency exchange news (including CAD-USD rates) and currency converter tools.

Canadian Dollar Forecast April 2017

CAD experienced elevated volatility in March, increasing significantly into mid-March due to greater certainty of an interest hike. The USD/CAD rebounded immediately following March’s interest hike due to falling consumer and investor confidence. Summary Most banks continue to forecast an increase in the USD/CAD exchange well into Q2 where it is expected to peak. The […]

By Admin | April 10, 2017 | Monthly Canadian Dollar Outlook/Forecast | 1 comments Read more >

Canadian Dollar Forecast March 2017

Summary FX markets have experienced limited volatility following President Trump’s first month in office, in contrast to the previous months where various global events such as Brexit and the US election caused great volatility in the foreign exchange. The majority of Canadian banks continue to forecast an increase in the USD/CAD foreign exchange well into […]

By Admin | March 7, 2017 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Forecast February, 2017

With the first month for the fiscal 2017 year coming to an end, investors are experiencing difficulty anticipating the outlook for the USD since Trump’s inauguration. January experienced various unexpected shocks that had caused large fluctuations to the USD/CAD pairing; with the primary drivers being oil prices, political factors, and anticipation of future policies, both […]

By Admin | February 7, 2017 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Forecast 2017 January

Canadian Dollar Forecast 2017 (January) Many exogenous events impacted the Canadian dollar throughout 2016, leading to large fluctuations in global FX markets. Negotiations at Brexit and future policy from the Trump administration may affect future monetary policy decisions, and resultantly, global exchange rates. Summary Many Canadian banks anticipate the USD/CAD currency outlook to continue to […]

By Admin | January 9, 2017 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Update December 2016

Market Analysis This year, the market had experienced a set of shocks resulting in higher volatility. This includes Brexit, the decision of the United Kingdom to exit the European Union, and most recently, the U.S. presidential election. It is likely that markets will remain volatile moving towards the first months of 2017. The question of […]

By Admin | December 5, 2016 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Update November, 2016

Foreign Exchange Outlook November 2016 US Dollar (USD) Earlier this year, The Federal Reserve in the United States had expressed their intent to raise interest rates. If this does happen towards the end of the year, the USD should gain strength as it has not been fully priced in yet. However, the Fed may not […]

By Admin | November 7, 2016 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook October 2016

October 2016 It is expected that the US Dollar will continue strengthen, as potential interest rate hikes in the US this year and next year have not been fully priced into the market. It is ostensibly unlikely the US Dollar will lose its strength over the long term. The Canadian Dollar (CAD) seemed to gain […]

By Admin | October 7, 2016 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook September 2016

September 2016 Market Analysis After a slow first half of the year, the economy in the United States seems to be gaining strength. Jobs data in the United States has shown prosperity relative to Canada. The United States Federal Reserve may consider raising interest rates towards the end of the year. Commodity prices have dropped […]

By Admin | September 9, 2016 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Monthly Outlook August 2016

Canadian Dollar Foreign Exchange Outlook August 2016 Market Analysis Factors that are to affect the direction of the major currencies, including the US Dollar (USD), Canadian Dollar (CAD), British Pound, and Euro, include uneven global growth, weak commodity prices, and the decision for the United Kingdom to exit the European Union. The USD had outperformed since […]

By Admin | August 5, 2016 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >

Canadian Dollar Forecast July 2016

Foreign Exchange Outlook July 2016 Canadian Economic Update On June 24th, 2016 the United Kingdom had voted to leave the European Union. This uncertainty and resultant risk caused stock markets to drop, safe haven currencies such as the US dollar to appreciate, and bond yields to reach record lows. Interest rate increases for both Canada […]

By Admin | July 14, 2016 | Monthly Canadian Dollar Outlook/Forecast | 0 comments Read more >