Currency Forecast

The Canadian dollar has edged lower in the Friday session. Currently, USD/CAD is trading at 1.3098, up 0.07% on the day. On the release front, Canadian employment change slowed to 11,200, short of the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.October may have been a great month for the U.S. dollar but as we begin the final 2 months of the year, the greenback is losing...

The Canadian dollar has gained ground in the Thursday session. Currently, USD/CAD is trading at 1.3092, down 0.49% on the day. On the release front, U.S. unemployment claims are expected to edge lower...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It may be Halloween but the last trading day in October was a not so scary day for the financial markets. The Dow Jones...

The Canadian dollar has posted small losses in the Wednesday session. Currently, USD/CAD is trading at 1.3138, up 0.21% on the day. On the release front, Canada’s GDP posted a small gain of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Its time to turn your focus to the British pound because on Thursday, the Bank of England will release its Quarterly Inflation...

The Canadian dollar is trading sideways in the Monday session. Currently, USD/CAD is trading at 1.3108, up 0.01% on the day. On the release front, it’s a quiet start to the week, with no...

The Canadian dollar has recorded considerable losses in the Friday session. Currently, USD/CAD is trading at 1.3144, up 0.55% on the day. On the release front, there are no Canadian events for a...

The Canadian dollar is trading sideways on Wednesday. Currently, USD/CAD is trading at 1.3106, up 0.04% on the day. On the release front, the Bank of Canada holds a policy meeting and will set the...

The Canadian dollar is trading sideways on Tuesday. Currently, USD/CAD is trading at 1.3106, up 0.04% on the day. On the release front, there are no Canadian events. In the U.S., the Richmond...

The inverse correlation between USD/CAD and WTI remains strong. So, with both markets pausing near pivotal levels, we're keeping a close eye on them, as they could be close to a breakout or reversal...

The Canadian dollar has edged higher at the start of the week. In the Monday session, USD/CAD is trading at 1.3097, down 0.04% on the day. On the release front, it’s a quiet start to the week....

The Canadian dollar has lost ground in Friday’s North American session, erasing the losses seen earlier in the day. Currently, USD/CAD is trading at 1.3120, up 0.15% on the day. On the release...

The Canadian dollar has ticked lower in the Thursday session, after recording considerable losses on Wednesday. Currently, USD/CAD is trading at 1.3044, up 0.15% on the day. On the release front, the...