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The Canadian dollar has recorded small gains in the Thursday session. Currently, the pair is trading at 1.2318, up 0.02% on the day. On the release front, there are no major Canadian events. Over in...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Between President Trump’s State of the Union address and the Federal Reserve meeting, the market had a bigger reaction to...
The Canadian dollar has posted slight losses in the Wednesday session. Currently, the pair is trading at 1.2281, down 0.45% on the day. On the release front, Canada releases GDP for December, which is...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The wild swings that we saw in the FX market on Tuesday gave us a taste of the bigger moves that could transpire over the next...
The record-after-record surge in stocks brought savings in the U.S. to a 12-year low, while spending hit a 6-year high. Americans are investing and spending, which are extremely bullish indicators for...
The Canadian dollar has posted gains in the Monday session. Currently, the pair is trading at 1.2344, up 0.23% on the day. On the release front, there are no Canadian events. In the U.S., the key...
The Canadian dollar has posted gains in the Friday session. Currently, the pair is trading at 1.2310, down 0.53% on the day. On the release front, there are two key indicators, either of which could...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.EUR/USD broke through 1.25 despite European Central Bank President Draghi’s warning that euro volatility creates...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another crushing day for the U.S. dollar with the greenback trading sharply lower against all of the major currencies....
USD/CAD has posted strong gains on Wednesday. Currently, the pair is trading at 1.2333, down 0.71% on the day. On the release front, there are no Canadian events. In the U.S., today’s key event...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a volatile day in the foreign-exchange market with the Dollar Index falling to a 3-year low. This decline drove all of...
USD/CAD has posted gains on Tuesday, erasing the gains which marked the Monday session. Currently, the pair is trading at 1.2477, up 0.27% on the day. On the release front, there are no Canadian...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This past week, many major currencies climbed to fresh multi-month and multi-year highs against the U.S. dollar. The Australian...
USD/CAD is trading sideways in the Friday session. Currently, the pair is trading at 1.2426, up 0.07% on the day. On the release front, there are two key releases on the schedule. Canada will release...
By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementAs the week draws to a close, politics is in central focus. There are two big deadlines looming – a potential U.S....