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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The biggest story in the markets Monday was President Trump’s trade deal with Mexico. The S&P 500 hit a record high on...
The Canadian dollar has recorded slight gains in the Monday session, paring some of the losses seen on Friday. Currently, USD/CAD is trading at 1.3047, up 0.17% on the day. There are no Canadian or...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Fed Chair Jerome Powell’s comments at Jackson Hole sent the U.S. dollar lower against all of the major currencies today....
The Canadian dollar is steady in the Friday session, after recording sharp losses on Thursday. In North American trade, USD/CAD is trading at 1.3066, down 0.11% on the day. On the release front,...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar is back but the Australian dollar is in trouble. After falling in the front of week, the greenback regained...
The dollar rebounded from a six day selloff, after yesterday's release of the Fed minutes showed that the US central bank has no qualms about continuing to raise interest rates, as long as the...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.So far this week EUR/USD is the best performing major currency but after 6 straight days of gains, a correction could be right...
The Canadian dollar has posted small gains in the Wednesday session. In North American trade, USD/CAD is trading at 1.3019, down 0.16% on the day. In economic news, Canadian retail sales and core...
Though US President Donald Trump's second round of recent attacks on the Fed have battered the dollar, technicals signal that the global reserve currency continues to maintain an upward...
The Canadian dollar has posted small gains in the Tuesday session, continuing the trend seen on Monday. Currently, USD/CAD is trading at 1.3023, down 0.16% on the day. In economic news, Canada...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar started this new trading week with another day of losses. The greenback either held steady or extended its slide...
The second full week in August was another good one for the US dollar.The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see short...
The Canadian dollar is showing little movement in the Monday session. Currently, USD/CAD is trading at 1.3071, up 0.07% on the day. In economic news, there are no data releases on either side of the...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The second full week in August was a good one for the U.S. dollar. The greenback extended its gains against most of the major...
The Canadian dollar has improved in the Friday session. Currently, USD/CAD is trading at 1.3082, down 0.56% on the day. On the release front, Canada’s monthly CPI was unexpectedly strong,...