Currency Forecast

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...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The big story in the FX market was the U.S.-Canada trade deal. In the eleventh hour, the 2 neighboring countries managed to...

You'd think someone had lit a match underneath the Canadian dollar following its explosive moves from Friday's GDP. So, following today’s news of a renewed NAFTA deal we take a look at the daily...

The greenback climbed to 13-month highs against the Japanese yen and renewed its rally versus the Swiss franc, euro, New Zealand and Australian dollars. Interest rate differentials played a major role...

The Canadian dollar has slight gains on Friday, erasing the losses seen on Thursday. Currently, USD/CAD is trading at 1.3018, down 0.18% on the day. On the release front, Canada published GDP. In the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Dollar bulls are back in control thanks to strong US data and a recovery in yields. According to the latest GDP report, the US...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.5 TakeawaysThe Federal Reserve raised interest rates for the third time this year by 25bp. The U.S. dollar appreciated against...

The Canadian dollar is trading sideways in the Wednesday session. Currently, USD/CAD is trading at 1.2957, up 0.04% on the day. On the release front, there are no Canadian events. In the U.S., the...

The Fed is set to raise rates today in what is all but a foregone conclusion, which will lead to profit-taking for dollar bulls. As well, President Donald Trump’s rhetoric yesterday at the UN...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The market is pricing in a 100% chance of a quarter-point interest-rate hike by the Federal Reserve Wednesday, which would be...

The Canadian dollar is trading sideways in the Tuesday session. Currently, USD/CAD is trading at 1.2961, up 0.05% on the day. On the release front, there are no Canadian releases. In the U.S.,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This is a very busy week for the foreign-exchange market and while we’re off to a slow start, trading ranges will widen...