Currencies and Forex Analysis & Opinion

Market Drivers for December 1, 2015 Aussie explodes to .7300; kiwi follows GE Unemployment hits record low Nikkei 1.34% Eurostoxx -0.10% Oil $42/bbl Gold $1069/oz Europe and AsiaAUD: Building...

Canadian Current Account Deficit Shrinks in Third QuarterThe loonie was higher versus the USD after the Canadian current account balance posted a 16.2 billion deficit. The deficit shrank from last...

The USD/CAD continues to look buoyant as the pair remains supported by a strongly bullish trend line. However, last week saw the pair sliding back towards support and traders are now asking whether...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementFor the past 3 months investors have been agonizing over 2 events -- the December ECB and FOMC rate decisions. In the next 2...

For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD to close at 1.3365. In economic news, Canada’s industrial product price index declined more-than-expected by 0.5% MoM in...

The USD/CAD appreciated 0.617 percent on Friday as the price of oil tumbled more than 3 percent following a stock market rout in China. The currency pair will finish the week trading at 1.3373....

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3293. In the Asian session, at GMT0400, the pair is trading at 1.329, with the USD trading marginally lower...

Let’s start our examination of the U.S. dollar (USD) by recalling the chart from my September 2014 essay, Why the Dollar Could Strengthen—A Lot. At that point, the USD had moved modestly...

As it was noticed in CAD/CHF analysis, price was moving in a trading channel. In the above chart we see how the price has broken the upper limit of this channel. Break-out was made by high volume...

For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.3304. Yesterday, the BoC’s Deputy Governor, Lynn Patterson, stated that growth in the Canadian economy is...

Turmoil in the Middle East as Turkey Downs Russian AircraftGeopolitical tension triggered a surge in crude prices after Turkey confirmed it had shot down a Russian warplane that it alleged was...

USD/CAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USD/CAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tuesday's worst-performing currency was the British pound. It experienced broad-based losses on the back of dovish comments...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Monday’s softer-than-expected U.S. economic reports did not stop investors from buying U.S. dollars. The greenback traded...