Create a real-time currency exchange rate alert.

Daily Update

Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.

canadian dollar update - knightsbridge fx

Canadian Dollar Update, April 6, 2022 – Canadian Dollar Inches Lower

USD/CAD Open: 1.2489-93,  Overnight Range: 1.2485-1.2508,  Previous Close: 1.2487 WTI Oil is at $97.05 and gold is at $1,929.10. US markets are lower today. For today, USD resistance is at 1.2562. Support is at 1.2496.   Treasury yields soar after Fed Vice Chair comments Balance sheet reduction discussion key item in FOMC minutes US dollar […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, April 4, 2022 – Canadian Dollar Awaiting BOS Survey

USD/CAD Open: 1.2500-04,  Overnight Range: 1.2487-1.2587,  Previous Close: 1.2512 WTI Oil is at $102.16 and gold is at $1,935.70. US markets are higher today. For today, USD resistance is at 1.2527. Support is at 1.2450.   Equities ignoring Fed-speak warning of 0.50% rate hikes RBA meeting expected to end with hawkish statement US dollar squeezes […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, March 29, 2022 – Canadian Dollar Gets a Boost

USD/CAD Open: 1.2487-91,  Overnight Range: 1.2484-1.2528,  Previous Close: 1.2519 WTI Oil is at $105.99 and gold is at $1,918.60. US markets are higher today. For today, USD resistance is at 1.2518. Support is at 1.2489.   Russia/Ukraine cease-fire talks bolster risk sentiment Oil prices underpinned ahead of Thursday’s Opec meeting US dollar giving back gains, […]

Read more >
canadian dollar update - knightsbridgefx

Canadian Dollar Update, March 28, 2022 – Canadian Dollar Supported by BoC Comments

USD/CAD Open: 1.2481-85,  Overnight Range: 1.2479-1.2502,  Previous Close: 1.2477 WTI Oil is at $103.42 and gold is at $1,921.90. US markets are higher today. For today, USD resistance is at 1.2543. Support is at 1.2498.   BoC warns of more aggressive policy response Risk sentiment cautious on possible Putin/Zelensky meeting CAD, AUD outperform as US […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, March 25, 2022 – Canadian Dollar Gains on Positive Risk Sentiment

USD/CAD Open: 1.2540-44,  Overnight Range: 1.2519-1.2552,  Previous Close: 1.2527 WTI Oil is at $113.62 and gold is at $1,957.40. US markets are mixed today. For today, USD resistance is at 1.2536. Support is at 1.2486.   Commodity bloc currencies are in demand Improved risk sentiment bolsters equities US dollar opens with losses against G-10 majors, […]

Read more >

Canadian Dollar Update, March 24, 2022 – Canadian Dollar Riding Oil Bull

USD/CAD Open: 1.2575-79,  Overnight Range: 1.2556-1.2584,  Previous Close: 1.2561 WTI Oil is at $112.35 and gold is at $1,959.70. US markets are higher today. For today, USD resistance is at 1.2550. Support is at 1.2516.   Oil prices steady with a bullish bias Risk sentiment is cautiously positive US dollar opens narrowly mixed compared to […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, March 16, 2022 – Canadian Dollar Attempting to Break Higher

USD/CAD Open: 1.2720-24,  Overnight Range: 1.2703-1.2774,  Previous Close: 1.2765 WTI Oil is at $95.05 and gold is at $1,928.70. US markets are higher today. For today, USD resistance is at 1.2771. Support is at 1.2625.   China stimulus talk sparks global equity rally Canada CPI and Fed meeting ahead Commodity currency bloc surges on improved […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, March 14, 2022 – Canadian Dollar Not Seeing the Love

USD/CAD Open: 1.2750-54,  Overnight Range: 1.2732-1.2788,  Previous Close: 1.2747 WTI Oil is at $102.58 and gold is at $1,956.50. US markets are lower today. For today, USD resistance is at 1.2862. Support is at 1.2748.   Risk sentiment improves with talk of peace talk progress New, massive COVID outbreak in China US dollar opens lower […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, March 10, 2022 – Canadian Dollar Looking for Direction

USD/CAD Open: 1.2821-25,  Overnight Range: 1.2793-1.2840,  Previous Close: 1.2806 WTI Oil is at $106.87 and gold is at $2,002.80. US markets are lower today. For today, USD resistance is at 1.2791. Support is at 1.2731.   Today’s ECB meeting includes updated forecasts EURUSD rallies on profit-taking and short-squeeze CAD dollar underperforms vs commodity currency bloc […]

Read more >
canadian dollar update - knightsbridgefx

Canadian Dollar Update, March 8, 2022 – Canadian Dollar Continues to Slide

USD/CAD Open: 1.2833-37,  Overnight Range: 1.2798-1.2838,  Previous Close: 1.2820 WTI Oil is at $123.82 and gold is at $2,043.90. US markets are higher today. For today, USD resistance is at 1.2913. Support is at 1.2866.   Loonie ignoring high oil prices EU planning new stimulus US dollar opens with gains except against EUR The Canadian […]

Read more >