Monthly Outlook on the Canadian Dollar

Our Canadian Dollar Forecast/Outlook will keep you up-to-date on CAD-related updates and forecasts. Keep abreast on the economy and how it affects the Canadian dollar.

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 Outlook on the Canadian Dollar | 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 Outlook on the Canadian Dollar | 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 Outlook on the Canadian Dollar | 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 Outlook on the Canadian Dollar | 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 Outlook on the Canadian Dollar | 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 Outlook on the Canadian Dollar | 0 comments Read more >

Canadian Dollar Update September 11, 2018

Economic Outlook and Summary: Over the month of August the Canadian Dollar and economy lost pace slightly, as economic uncertainty with NAFTA hit a high and commodity prices weakened. The Bank of Canada (BOC) made the decision to keep its interest rates unchanged, which was a factor into the market conditions for the Canadian Economy […]

By KBFX | September 11, 2018 | Monthly Outlook on the Canadian Dollar | 0 comments Read more >

Canadian Dollar Monthly Outlook August 2018

Economic Outlook and Summary During the month of July showed the Canadian Dollar and Economy rose slightly, as the month showed unchanged interest rate spreads with United States (U.S.). The Bank of Canada (BOC) raised its interest rates by a level of 0.25% now sitting at the current level of 1.50%, which was factored into […]

By KBFX | August 14, 2018 | Monthly Outlook on the Canadian Dollar | 0 comments Read more >

Canadian Dollar Forecast July 2018

Economic Outlook and Summary The month of June showed the Canadian Dollar and economy continue its slide downward as the month began with Canadian employment figures showing a drop of 7.5K jobs in comparison to its expectation of a 17.5K gain, resulting in the unemployment rate staying steady at 5.8%. These statistics showed to be […]

By KBFX | July 9, 2018 | Monthly Outlook on the Canadian Dollar | 0 comments Read more >

Canadian Dollar Update June 2018

Economic Outlook and Summary The month of May saw the Canadian Dollar and economy move slightly downward. The month began with a strong start as oil had been on a surge to highs not seen for months linking it with the performance of the commodity linked Loonie. The Bank of Canada (BOC) decided to keep […]

By KBFX | June 12, 2018 | Monthly Outlook on the Canadian Dollar | 0 comments Read more >