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, May 18, 2022 – Canadian Dollar at a crossroads

USD/CAD Open: 1.2823-27,  Overnight Range: 1.2797-1.2850,  Previous Close: 1.2810 WTI Oil open at $113.90 and gold open at $1,819.57. US markets are lower today. For today, USD resistance is at 1.2869. Support is at 1.2768.   Fed Powell suggest two more 50 bp rate hikes in June and July Canada’s April inflation expected to be […]

Read more >

Canadian Dollar Update, May 17, 2022 – Canadian Dollar extends gains

USD/CAD Open: 1.2807-11,  Overnight Range: 1.2809-1.2852,  Previous Close: 1.2847 WTI Oil open at $114.84 and gold open at $1,828.55. US markets are higher today. For today, USD resistance is at 1.2893. Support is at 1.2792.   Global risk sentiment improves, boosting stocks Better than expected UK employment data boosts GBP US dollar sinks, AUD outperforms. […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, May 16, 2022 – Canadian Dollar breaks higher

USD/CAD Open: 1.2938-42,  Overnight Range: 1.2897-1.2980,  Previous Close: 1.2908 WTI Oil open at $109.86 and gold open at $1,800.52. US markets are mixed today. For today, USD resistance is at 1.2900. Support is at 1.2830.   Global equities modestly higher following Fed Powell comments Hostile Russian rhetoric leaves EURUSD on the defensive US dollar opens […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, May 13, 2022 – Canadian Dollar Looking for “Lucky 13”

USD/CAD Open: 1.3015-19,  Overnight Range: 1.2994-1.3047,  Previous Close: 1.3045 WTI Oil open at $107.73 and gold open at $1,822.72. US markets are higher today. For today, USD resistance is at 1.2985. Support is at 1.2903.   Global equities modestly higher following Fed Powell comments Hostile Russian rhetoric leaves EURUSD on the defensive US dollar opens […]

Read more >

Canadian Dollar Update, May 12, 2022 – Canadian Dollar Trapped in Risk Loop

USD/CAD Open: 1.3018-22,  Overnight Range: 1.2979-1.3045,  Previous Close: 1.2993 WTI Oil open at $103.92 and gold open at $1,848.50. US markets are mixed today. For today, USD resistance is at 1.3095. Support is at 1.2998.   Loonie swings between large gains and losses vs USD UK data sinks GBPUSD US dollar opens higher, AUD loses […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, May 11, 2022 – Canadian Dollar Claws Back Some Losses

USD/CAD Open: 1.2960-64,  Overnight Range: 1.2956-1.3033,  Previous Close: 1.3014 WTI Oil open at $103.00 and gold open at $1,852.66. US markets are mixed today. For today, USD resistance is at 1.2983. Support is at 1.2903.   Risk sentiment improves ahead of US CPI Oil prices climb, stocks rally as risk sentiment improves CAD opens higher, […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, May 10, 2022 – Canadian Dollar Flirting with Support

USD/CAD Open: 1.3003-07,  Overnight Range: 1.2985-1.3035,  Previous Close: 1.3014 WTI Oil open at $101.45 and gold open at $1,857.95. US markets are higher today. For today, USD resistance is at 1.3081. Support is at 1.2952.   Canadian dollar sinks deeper overnight US stock futures bounce from overnight low rather tepid USD adds to gains compared […]

Read more >

Canadian Dollar Update, May 9, 2022 – Canadian Dollar Extends Losses

USD/CAD Open: 1.2830-34,  Overnight Range: 1.2900-1.2948,  Previous Close: 1.2908 WTI Oil open at $107.86 and gold open at $1,864.13. US markets are lower today. For today, USD resistance is at 1.3023. Support is at 1.3000.   Safe-haven demand for US dollars knocks Loonie lower US 10-year Treasury yield hits 3.20% sinking Wall Street equity futures […]

Read more >
canadian dollar update - knightsbridgefx

Canadian Dollar Update, May 6, 2022 – Canadian Dollar Sinks as Treasury Yields Soar

USD/CAD Open: 1.2821-25,  Overnight Range: 1.2817-1.2865,  Previous Close: 1.2837 WTI Oil open at $110.81 and gold open at $1,883.44. US markets are lower today. For today, USD resistance is at 1.2936. Support is at 1.2842.   US nonfarm payrolls (forecast 391k) and Canada jobs (55k) ahead Wall Street futures still bleeding, European equities in the […]

Read more >
canadian dollar update - knightsbridge fx

Canadian Dollar Update, May 5, 2022 – Canadian Dollar Gets a Fed-Boost

USD/CAD Open: 1.2742-46,  Overnight Range: 1.2715-1.2763,  Previous Close: 1.2737 WTI Oil open at $107.93 and gold open at $1,897.70. US markets are lower today. For today, USD resistance is at 1.2833. Support is at 1.2719.   FOMC meeting less hawkish than expected BoE hikes rates and GBPUSD sinks US dollar sinks following FOMC meeting The […]

Read more >