Currency Forecast

The Canadian dollar continues to have an uneventful week. In the Wednesday session, USD/CAD is trading at 1.3316, up 0.10% on the day. On the release front, the sole Canadian event is a speech from...

The Canadian dollar continues to have a quiet week. In Tuesday’s North American session, USD/CAD is trading at 1.3319, up 0.19% on the day. On the release front, there are no Canadian events...

For the past 2 months, the US dollar has been on a tear. However, despite hitting multi-month highs against sterling, the Australian, New Zealand and Canadian dollars, at the end of last week, the...

The Turkish lira jumped this morning—as much as 3 percent against the dollar and the euro—after the country's president, Recep Tayyip Erdogan scored a decisive reelection victory in...

The Canadian dollar is slightly lower in the Monday session. Currently, USD/CAD is trading at 1.3291, up 0.19% on the day. On the release front, there are no Canadian releases until Thursday. In the...

The Canadian dollar is showing slight gains in the Friday session. Currently, USD/CAD is trading at 1.3276, down 0.30% on the day. On the release front, Canada will publish key consumer data. CPI, the...

The Canadian dollar is trading sideways in the Wednesday session. Currently, USD/CAD is trading at 1.3292, up 0.04% on the day. On the release front, there are no Canadian events on the schedule. The...

The Canadian dollar has posted considerable losses in the Tuesday session. Currently, USD/CAD is trading at 1.3273, up 0.54% on the day. On the release front, there are Canadian events on the...

China’s decision to maintain interest rates, after the Fed had raised both rates and the outlook for an additional hike this year, caught FX traders off guard, especially considering the selling...

The US dollar is on a tear as it reaches for 6 to 12-month highs against other the major currencies.While the Federal Reserve and European Central Bank’s monetary policy announcements were the...

The Canadian dollar continues to lose ground in the Friday session, after strong gains on Thursday. Currently, USD/CAD is trading at 1.3129, up 0.18% on the day. Earlier in the day, the Canadian...

Yesterday, as expected, the Federal Reserve raised rates. However, the US central bank went one step further and provided an outlook for an additional, fourth hike this year, increasing the median...

The Canadian dollar is showing little movement in the Thursday session. Currently, USD/CAD is trading at 1.2978, down 0.04% on the day. On the release front, Canada releases the New Housing Price...

US dollar bulls and bears may already agree on the path to higher interest rates ahead of today's Fed rate decision. Indeed, traders have already priced in a 92.5 percent probability of a hike.But...