Currencies and Forex Analysis & Opinion

The Canadian dollar slipped 0.12 percent on Tuesday after the market tried to scale back probabilities of multiple rate cuts in 2019 by the U.S. Federal Reserve. Trade war concerns also rose as the...

Near the end of April we flagged that NZD/CAD could be on the verge of a major breakdown. Recent price action remains constructive of that view. Unsurprisingly, commodity currencies have felt the...

The Mexican peso jumped by more than 2% on the news the country has escaped President Donald Trump’s tariffs after capitulating to U.S. border policies. A key aspect of the deal is...

A slight thaw in trade tensions and a minor rebound has seen the CAD strengthen, yet with several crosses pointing to CAD strength, perhaps this could have some follow-through. If a single currency is...

The strongest gusts in today’s market headwinds are coming from U.S. President Donald Trump’s plan to hit Mexico with tariffs, after he said that country's efforts to mitigate the flow of...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 5, 2019Thursday's European Central Bank monetary policy announcement will be a big one. EUR/USD rallied...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 3, 2019This is a big week for the Australian dollar. The calendar is full of market-moving events such...

USD/CAD has posted slight losses in the Monday session. Currently, the pair is trading at 1.3496, down 0.15% on the day. On the release front, the focus is on manufacturing data. Canada releases...

The Bank of Canada meeting wasn’t quite enough to see USD/CAD hold above April's high but, with U.S. GDP on tap, there's potential for some volatility at the highs depending on where the data...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 28, 2019Don’t underestimate the power of persistence. Three times this month USD/CAD tested but...

USD/CAD has posted slight gains in the Tuesday session. In the North American session, the pair is trading at 1.3464, up 0.14% on the day. It’s a light session on the fundamentals front, with no...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 24, 2019The US dollar hit fresh multi-month highs versus the euro, sterling, Australian and New Zealand...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 23, 2019For the lack of major US economic reports, it was a very active day in the forex market. The...

The Canadian dollar lost 0.19 percent on Wednesday. The loonie gave back the gains from Tuesday when optimism about USMCA ratification and trade goodwill made the currency an outlier of major pairs....