Currencies and Forex Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Federal Reserve Chairman Jerome Powell’s testimony on the economy and monetary policy is the most important event risk...

The Canadian dollar has recorded slight gains in the Monday session. Currently, USD/CAD is trading at 1.2663, up 0.22% on the day. On the release front, it’s a quiet start to the week. There are...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Friday’s Federal Reserve monetary policy report failed to have a significant impact on the dollar. Many hoped that it...

Canada released CPI data, which is marked as a high volatility calendar. The Bank of Canada raised for the third time this cycle in January, and markets are pricing the April meeting as a coin toss...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The sellers are back and they have driven the U.S. dollar lower against all of the major currencies. Thursday’s move had...

The Canadian dollar has recorded small losses in the Thursday session. Currently, USD/CAD is trading at 1.2684, down 0.15% on the day. On the release front, Canada releases retail sales reports. The...

The Canadian dollar has recorded slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2669, up 0.16% on the day. On the release front, there are no Canadian releases on the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Although U.S. stocks ended the day in negative territory, the U.S. dollar traded higher against all of the major currencies....

With U.S. markets closed for Presidents Day and most of Asia off for Chinese New Year, it was no surprise to see quiet trading yesterday in the FX market. The U.S. dollar, which was hit hard last...

The Canadian dollar is almost unchanged in the Monday session, after posting losses on Friday. Currently, USD/CAD is trading at 1.2493, up 0.07% on the day. On the release front, there are no Canadian...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.EUR/USD had a great run this past week but the sell-off on Friday screams of a deeper reversal. Technically, the rally stopped...

The Canadian dollar has paused on Thursday, after posting strong gains a day earlier. Currently, USD/CAD is trading at 1.2491, down 0.01% on the day. On the release front, Canada releases ADP Non-farm...

by Noreen BurkeAs nations look to scale back monetary stimulus without pushing the value of their currency higher, at a time when inflation remains stubbornly low, it appears the stakes have been...

The Canadian dollar continues to trade sideways this week. In the Wednesday session, the pair is trading at 1.2576, down 0.14% on the day. On the release front, there are no Canadian indicators for a...