Currency Forecast

A familiar pattern appears to be emerging for volatility Calm market conditions in Q2 could feed through into a further moderation in FX volatility Inflation concerns were likely trigger for market...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.For the fourth day this week, USD/JPY has been unable to muster a meaningful rally. The markets shrugged off President...

The Canadian dollar has ticked higher in the Thursday session. Currently, USD/CAD is trading at 1.2975, up 0.16% on the day. On the release front, Canada releases ADP Non-Farm Employment Change. In...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The retail sales report was the most important piece of U.S. data on this week’s calendar and unfortunately it provided...

With the rate at which Canadian dollars have been thrown overboard recently, you’d be forgiven for thinking they were on fire. The threat of a NAFTA fallout and U.S. President Donald...

The Canadian dollar has ticked higher in the Wednesday session, after considerable losses on Tuesday. Currently, USD/CAD is trading at 1.2943, down 0.17% on the day. On the release front, there are no...

USD/CAD has ticked higher in the Tuesday session. In North American trade, USD/CAD is trading at 1.2850, up 0.05% on the day. On the release front, there are no Canadian indicators for a second...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Friday’s U.S. jobs report did not have a significant impact on the FX market outside of reinforcing the positive momentum...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday's worst-performing currency was the euro, which unwound two day's worth of gains versus the U.S. dollar on the back of...

USD/CAD is unchanged in the Thursday session. In the North American session, USD/CAD is trading at 1.2911. On the release front, there are a host of Canadian releases. Housing Starts and Building...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.When Gary Cohn’s resignation hit the news wires Tuesday night, the U.S. dollar sold off aggressively against all of the...

USD/CAD has posted gains in Wednesday session, erasing much of the losses seen on Tuesday. Currently, USD/CAD is trading at 1.2927, up 0.40% on the day. On the release front, today’s key event...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.All of Tuesday's major currencies traded higher against the U.S. dollar except for the Japanese yen and Swiss franc. USD/JPY in...

The Bank of Canada holds its second policy meeting of the year tomorrow, after having raised for the third time this cycle in January’s meeting. Yet while there has been speculation it may raise...