Currencies and Forex Analysis & Opinion

After 60 consolidation session fluctuating between 70 and 90 levels, gold has finally broken the pennant that it has been confined within with sideways range and congestion. The precious metal edged...

The Canadian dollar continues to have a quiet week. In the Wednesday session, USD/CAD is trading at 1.2667, down 0.16% on the day. On the release front, both Canada and the U.S. release Trade Balance,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Between the Senate’s tax-bill vote and the Flynn-Trump-Russia confusion, the U.S. dollar should be trading sharply higher....

The Canadian dollar has steadied on Monday, after surging in the Friday session. In North American trade, USD/CAD is trading at 1.2684, down 0.02% on the day. On the release front, there are no...

by Pinchas CohenThe US Senate finally did it. It passed corporate tax legislation early Saturday morning, after markets closed. Naturally, this morning when markets opened for the week, the dollar...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The last month of the year kicked off with a bang. Currencies, equities and Treasuries were hit by major intraday volatility...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This is a week where nothing mattered more to currencies than politics. The U.S. dollar has been jockeyed around by major...

The Canadian dollar continues to lose ground in the Thursday session. Currently, USD/CAD is trading at 1.2890, up 0.20% on the day. The Canadian dollar has suffered a rough week, declining 1.4...

The Canadian dollar is showing little movement in the Wednesday session. Currently, USD/CAD is trading at 1.2808, down 0.07% on the day. On the release front, there are no Canadian events on the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against most of the major currencies Tuesday but early gains fizzled on Fed Chair nominee Jerome...

The Canadian dollar has posted slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2800, up 0.25% on the day. On the release front, Canada released two RMPI and IPPI, both of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Mondays are typically volatile days in the forex market because traders adjust their positions after the weekend and initiate...

The Canadian dollar is down slightly in the Monday session. Currently, USD/CAD is trading at 1.2683, down 0.23% on the day. On the release front, there are no Canadian releases on the schedule. In the...

GBP/USD Intraday: continuation of the rebound.Pivot: 1.3305 Our preference: long positions above 1.3305 with targets at 1.3360 & 1.3375 in extension. Alternative scenario: below 1.3305 look for...