Currencies and Forex Analysis & Opinion

It has been a quiet day for USD/CAD, as we wrap up the trading week. The pair is currently trading at 1.3423, up 0.01%. On the release front, Canada’s GDP for May climbed 4.5%, beating...

Currencies and equities traded lower on the back of the biggest quarterly drop in U.S. GDP ever. The U.S. economy contracted 32.9% on an annualized basis in the second quarter. Americans have never...

For the past week, investors have been selling U.S. dollars and, unfortunately, today at the July Federal Reserve monetary policy announcement, Jerome Powell’s team failed to shift the...

After starting the week with losses, the Canadian dollar reversed directions. Currently, the pair is trading at 1.3371, down 0.05% on the day. There are no Canadian releases until Friday, so any...

Today, we saw the Federal Reserve “front-run” Wednesday’s FOMC announcement by extending its $2-trillion+ lending programs another three months to the end of the year. According...

After starting the week with losses, the Canadian dollar has reversed directions on Tuesday. Currently, the pair is trading at 1.3399, up 0.32% on the day.Does Fed Have More Easing Up Its Sleeve? The...

After gaining over 1% last week, USD/CAD has started the week with slight losses. Currently, the pair is trading at 1.3392, down 0.14% on the day. There are no Canadian events on the schedule.U.S....

The Australian dollar has flown to a 15-month high, thanks to a number of factors that have created a powerful tailwind. First, is the risk-on trade that has brought global equities to the levels...

It has been a sleepy Friday for USD/CAD. Currently, the pair is trading at 1.3425, down 0.13% on the day. There are no Canadian events on the schedule.U.S. Manufacturing PMI eyed U.S. manufacturing...

This article was written exclusively for Investing.comThe US dollar index has been falling consistently since peaking in March, as investors started piling into currencies where the central bank...

The euro is single-handedly the best performing currency right now. It has gone from 1.12 to 1.16 over the past month and today’s rally marks nine out of 10 days of gains for...

The Canadian dollar has gained ground for a fourth successive day. USD/CAD is down 1.3% this week and is at its lowest level since June 10. In the North American session, the pair is trading at...

Uncertainty about what happens to the U.S. economy after the extra $600 unemployment benefit expires drove investors out of U.S. dollars. The greenback traded lower against all of the major...

The Canadian dollar has posted gains for a third straight day. In the North American session, the pair is trading at 1.3418, down 0.30% on the day.Canada Consumer Inflation Jumps in June There was...