Currency Forecast

The Canadian dollar is showing little change in the Wednesday session. Currently, USD/CAD is trading at 1.3355, down 0.27% on the day. On the release front, Canadian Utilization Capacity Rate dropped...

The Canadian dollar has ticked higher in the Tuesday session, after considerable losses on Monday. Currently, USD/CAD is trading at 1.3384, down 0.11% on the day. On the release front, there are no...

The Canadian dollar has ticked higher in the Monday session. Early in North American trade, USD/CAD is trading at 1.3335, up 0.10% on the day. On the release front, Canadian construction numbers were...

Daily FX Market Roundup 12.07.2018By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The last month of the year kicked off with a bang but not in the way that many of us would...

The Canadian dollar continues to lose ground and is lower in Friday trade. Currently, USD/CAD is trading at 1.3391, up 0.19% on the day. On the release front, the focus is on employment data in both...

Daily FX Market Roundup 12.06.2018.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. A convergence of bad news sent equities and currencies tumbling lower. U.S. assets were hit...

Daily FX Market Roundup 12.05.2018.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After Tuesday’s nearly 800 point drop in the Dow, investors feared the worst for...

The Canadian dollar has ticked higher in the Wednesday session, after considerable gains on Tuesday. Currently, USD/CAD is trading at 1.3278, up 0.10% on the day. On the release front, the Bank of...

Daily FX Market Roundup 11.29.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. By now, everyone knows that President Trump and President Xi agreed to a 90-day trade truce in...

The Canadian dollar has jumped to a two-week high in the Monday session. Currently, USD/CAD is trading at 1.3175, down 0.88% on the day. On the release front, the key U.S. indicator is ISM...

The Canadian dollar has inched higher in the Friday session. Currently, USD/CAD is trading at 1.3296, up 0.10% on the day. On the release front, Canada’s GDP disappointed in September, coming in...

Daily FX Market Roundup 11.29.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. We’ve seen very little continuation to Wednesday’s moves when the U.S. dollar...

The Canadian dollar has ticked upwards in the Thursday session. Currently, USD/CAD is trading at 1.3263, down 0.09% on the day. In economic news, Canada’s current account deficit dropped sharply...

Daily FX Market Roundup 11.28.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The big story in Wednesday's FX market was the sharp sell-off in the U.S. dollar. The greenback...