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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 – Canadian dollar consolidating

USD/CAD Open: 1.3485-89, Overnight Range: 1.3482-1.3514,  Previous Close: 1.3498 WTI Oil open at $93.47 and gold open at $1,875.99. US markets are higher today. For today, USD resistance is at 1.3502. Support is at 1.3478.   WTI oil prices surge to $95.03 /b overnight. Treasury yields continue to climb. CAD dollar best performing currency overnight. […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar under pressure

USD/CAD Open: 1.3490-94, Overnight Range: 1.3449-1.3505,  Previous Close: 1.3454 WTI Oil open at $88.86 and gold open at $1,912.88. US markets are lower today. For today, USD resistance is at 1.3532. Support is at 1.3510.   Risk aversion rises with Treasury yields. More verbal intervention from Japanese officials. US dollar rises on safe-haven demand.   […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar trading quietly

USD/CAD Open: 1.3466-70, Overnight Range: 1.3470-1.3491,  Previous Close: 1.3482 WTI Oil open at $90.32 and gold open at $1,922.87. US markets are lower today. For today, USD resistance is at 1.3495. Support is at 1.3442.   US Treasury yields testing 4.50% area. Soft German data weighs on EURUSD. US dollar grinding out gains.   The […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar inching higher

USD/CAD Open: 1.3460-64, Overnight Range: 1.3454-1.3486,  Previous Close: 1.3484 WTI Oil open at $90.58 and gold open at $1,925.37. US markets are lower today. For today, USD resistance is at 1.3508. Support is at 1.3452.   Canada Retail Sales expected to rebound. US 10-year Treasury yield flirting with 4.50% US gives back some gains but […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar crushed by FOMC

USD/CAD Open: 1.3492-96, Overnight Range: 1.3453-1.3511,  Previous Close: 1.3461 WTI Oil open at $88.80 and gold open at $1,922.89. US markets are lower today. For today, USD resistance is at 1.3487. Support is at 1.3470.   Fed suggests rates will be higher for longer. European central bank actions cause some surprises. US dollar rallies across […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar supported by hawkish BoC outlook

USD/CAD Open: 1.3432-36, Overnight Range: 1.3431-1.3465,  Previous Close: 1.3449 WTI Oil open at $89.62 and gold open at $1,931.88. US markets are mixed today. For today, USD resistance is at 1.3484. Support is at 1.3385.   Hot Canadian inflation raises BoC rate hike risks. FOMC expected to deliver a “hawkish hold” today. US dollar trades […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar popping higher

USD/CAD Open: 1.3444-48, Overnight Range: 1.3442-1.3491,  Previous Close: 1.3485 WTI Oil open at $91.29 and gold open at $1,935.18. US markets are lower today. For today, USD resistance is at 1.3464. Support is at 1.3394.   Oil rally fueling Canadian dollar gains. Canada CPI not such a big deal. US dollar opens mixed as commodity […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar Idling

USD/CAD Open: 1.3506-10, Overnight Range: 1.3496-1.3529,  Previous Close: 1.3532 WTI Oil open at $90.47 and gold open at $1,926.93. US markets are higher today. For today, USD resistance is at 1.3498. Support is at 1.3474.   Traders awaiting Wednesday’s FOMC meeting. Steady oil prices supporting Loonie. US dollar mixed but and locked in tight ranges. […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar rally stalling

USD/CAD Open: 1.3505-09, Overnight Range: 1.3494-1.3518,  Previous Close: 1.3510 WTI Oil open at $90.44 and gold open at $1,918.24. US markets are lower today. For today, USD resistance is at 1.3551. Support is at 1.3470.   Chinese data and latest RRR cut boost risk sentiment. Dovish ECB outlook sinks EURUSD. US dollar rises against EUR […]

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canadian dollar update - knightsbridge fx

Canadian Dollar Update – Canadian dollar gnawing at resistance

USD/CAD Open: 1.3530-34, Overnight Range: 1.3515-1.3556,  Previous Close: 1.3550 WTI Oil open at $89.39 and gold open at $1,911.28. US markets are higher today. For today, USD resistance is at 1.3524. Support is at 1.3509.   ECB rate decision looms US Retail Sales and Producers reports on tap US dollar rangebound overnight, opens mixed   […]

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