Currency Forecast

The Canadian dollar continues to improve and has posted considerable gains in the Thursday session. In the North American session, USD/CAD is trading at 1.2770, down 0.66% on the day. On the release...

Higher US rates and strong dollar catalyst for losses Argentine peso and Russian ruble face heaviest rout Turkish lira follows closely behind Emerging market currencies have fallen sharply against...

The Canadian dollar has posted considerable losses in the Tuesday session. USD/CAD is trading at 1.2961, up 0.62% on the day. On the release front, Canadian Housing Starts dropped to 214,000, shy of...

The Canadian dollar has posted slight gains in the Monday session, after trading sideways on Friday. USD/CAD is trading at 1.2878, up 0.24% on the day. It’s a light day on the release front,...

The Canadian dollar has posted slight gains in the Friday session. USD/CAD is trading at 1.2882, up 0.27% on the day. On the release front, Canada releases Ivey PMI, which is expected to improve to...

The Canadian dollar has posted losses in the Thursday session, erasing the gains seen on Wednesday. USD/CAD is trading at 1.2846, down 0.29% on the day. On the release front, Canada releases trade...

The Canadian dollar continues to trade quietly this week. In the Wednesday session, USD/CAD is trading at 1.2837, down 0.10% on the day. On the release front, there are no Canadian events on the...

The Canadian dollar continues to trade quietly. In the Tuesday session, USD/CAD is trading at 1.2869, up 0.20% on the day. On the release front, Canada releases GDP, which is expected to rebound with...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.End-of-week profit taking prevented the U.S. dollar from extending its gains on Friday despite stronger-than-expected...

The Canadian dollar is showing limited movement in the Friday session. Currently, USD/CAD is trading at 1.2885, up 0.11% on the day. There are no Canadian events on the schedule. The U.S. releases...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The euro went on a wild ride Thursday after the European Central Bank’s monetary policy announcement. The single currency...

The Canadian dollar is showing limited movement in the Thursday session. Currently, USD/CAD is trading at 1.2836, down 0.08% on the day. In the U.S., durable goods orders are expected to soften, and...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors continued to buy U.S. dollars, sending the greenback to fresh multi-month highs against many of the major currencies....

The Canadian dollar has continued its losing ways in the Wednesday session. Currently, USD/CAD is trading at 1.2889, up 0.44% on the day. The Canadian dollar has slipped 1.0 percent this week, as...