Currency Forecast

The Canadian dollar continues to lose ground this week. In Wednesday’s North American session, USD/CAD is trading at 1.3330, up 0.26% on the day. In economic news, there are no Canadian events...

Daily FX Market Roundup 11.27.18.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 after Federal...

The Canadian dollar is almost unchanged in the Tuesday session. Currently, USD/CAD is trading at 1.3244, down 0.06% on the day. In economic news, there are no Canadian events. The U.S. releases CB...

Daily FX Market Roundup 11.26.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The best performing currency pair today was USD/JPY, which broke out of a 5-day long...

The Canadian dollar has edged higher in the Monday session. Currently, USD/CAD is trading at 1.3209, down 0.22% on the day. There are no releases out of Canada or the U.S. on the schedule. On Tuesday,...

Daily FX Market Roundup 11.23.18.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The biggest story last week was the meltdown in equities that spilled over to currencies. U.S....

The Canadian dollar has ticked lower in the Thursday session. In the North American session, USD/CAD is trading at 1.3228, down 0.03% on the day. On the release front, Canadian Corporate Profits...

Daily FX Market Roundup 11.21.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.*Happy Thanksgiving to my friends in the US!After Tuesday’s sharp slide in U.S. equities,...

Daily FX Market Roundup 11.20.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. U.S. stocks sold off sharply Tuesday as the decline in equities sent currencies tumbling lower....

The Canadian dollar has posted slight losses for a second straight day. Currently, USD/CAD is trading at 1.3196, up 0.19% on the day. On the release front, there are no Canadian data releases on the...

Daily FX Market Roundup 11.19.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It is a holiday week in the United States but Monday’s moves in forex shows how important...

The Canadian dollar has posted losses in the Monday session. Currently, USD/CAD is trading at 1.3190, up 0.32% on the day. On the release front, it’s a quiet start to the week, with no Canadian...

The dollar is down more than 0.1 percent as of this writing, the third day of declines over the past four days, for a combined loss of 1.22 percent. It's the global reserve currency's most significant...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors are bailing out of U.S. dollars and their recent moves are important because some of the factors that drove the dollar...