Currency Forecast

The Canadian dollar has edged lower in the Thursday session. Currently, USD/CAD is trading at 1.3042, down 0.19% on the day. On the release front, Canada releases the New Housing Price Index, which is...

The Canadian dollar is lower on Wednesday. The loonie is lost 0.38 percent versus the USD as lower oil prices and higher U.S. yields put downward pressure on the currency.The IMF did not cut the...

The Canadian dollar has edged lower in the Wednesday session. Currently, USD/CAD is trading at 1.2973, up 0.19% on the day. On the release front, Canadian Building Permits gained 0.4%, shy of the...

The U.S. dollar flexes its muscles across the entire financial spectrum, screaming for higher values. The EUR/USD isn’t able to hold above 1.15 for now, USD/CAD regained the magical 1.30 level,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a roller coaster ride in the foreign-exchange market Tuesday with currencies rebounding strongly after hitting fresh lows...

The Canadian dollar continues to lose ground, as the currency has posted five straight losing sessions. Currently, USD/CAD is trading at 1.2997, up 0.28% on the day. On the release front, Canadian...

While the dollar has all the fundamental reasons to support an outlook for continued strengthening, it continues to weaken against the yen for the third day.The dollar is strong and should only...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After rising for most of the week, the greenback’s rally lost momentum on Friday on the back of mixed labor-market data. ...

Nonfarm payroll expectations are sky high as the market predicts an 180K increase in September. This means that it's unlikely for the report to surprise to the upside while there is an increased...

The Canadian dollar is trading sideways in the Thursday session. In the North American session, USD/CAD is trading at 1.2875, up 0.06% on the day. On the release front, Canada releases Ivey PMI is...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a great day to be long U.S. dollars. The greenback traded higher against all of the major currencies in a move that took...

The euro has rebounded from a five-day selloff during which the currency slipped the most since December. Traders were unnerved by Italy's recurring fiscal woes which led to the inevitable...

The Canadian dollar is trading sideways in the Wednesday session. In the North American session, USD/CAD is trading at 1.2835, up 0.09% on the day. On the release front, there are no Canadian events...

We try to avoid writing about the same currency pair two trading days in a row, but occasionally big new developments make it impossible to avoid.That’s definitely the case when it comes to...