Currencies and Forex Analysis & Opinion

The Canadian dollar has edged higher in the Wednesday session. Currently, USD/CAD is trading at 1.3221, down 0.20% on the day. On the release front, there are no Canadian events for a third straight...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Don’t be fooled by the pullback in the U.S. dollar on Tuesday because the greenback could still strengthen before the end...

The Canadian dollar has edged higher in the Tuesday session, after three straight losing sessions. Currently, USD/CAD is trading at 1.3231, down 0.14% on the day. On the release front, there are no...

The Canadian dollar has ticked higher in the Monday session. Currently, USD/CAD is trading at 1.3193, down 0.07% on the day. Canadian and U.S. banks are closed for a holiday, so traders should not...

Since the start of today's trade, the US dollar has been vaulting higher. It was jump-started by Friday’s hotter than expected Producer Price Index release.The metric was forecast to come in...

The number of the day (and indeed the last two weeks) is 10.As in, the price of a barrel of WTI crude oil declined for the 10th straight day on Friday – its longest streak since 1984. As my...

The Canadian dollar has posted slight gains in the Thursday session. Currently, USD/CAD is trading at 1.3094, down 0.15% on the day. On the release front, Canada housing starts had been expected to...

Daily FX Market Roundup 11.07.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With the U.S. Midterm Elections behind us and the Democrats victory in the House, the U.S....

It should be no surprise that there was limited activity in the forex market today ahead of the US midterm elections. Most of the major currencies began the NY session under pressure but as the...

The Canadian dollar remains close to the 1.31 level. In the Tuesday session, USD/CAD is trading at 1.3121, down 0.08% on the day. On the release front, Canadian Building Permits is expected to tick...

As has happened more than once recently, as well as again earlier today, the pound sterling was given a boost, on hopes of a Brexit deal. However, when Labour ruled out voting for the deal, the UK...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.One of the biggest political events this year is the U.S. Midterm Elections. Historically, these elections do not have a...

The Canadian dollar has edged lower in the Monday session. Currently, USD/CAD is trading at 1.3098, down 0.08% on the day. On the release front, there are no Canadian indicators. In the U.S., ISM...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher on the back of the nonfarm payrolls report but it was the confusion around US-China trade...