Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We haven’t seen this type of volatility in the foreign-exchange market in weeks. In the last 24 hours, trading ranges...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Wednesday’s Bank of Canada monetary policy meeting is the most important event risk this week and according to interest...

AUD/CAD has stalled beneath a pivotal zone of resistance as we approach the Bank of Canada policy meeting and Australian employment report. If we are to see a divergent theme materialize between the...

USD/CAD continues to trade sideways this week. In the Tuesday session, the pair is trading at 1.2441, up 0.09% on the day. It’s a quiet day on the release front, with no Canadian events. In the...

USD/CAD was subdued in the Friday session. Currently, the pair is trading at 1.2433, down 0.22% on the day. On the release front, there are no Canadian or U.S. events on the schedule. U.S. markets are...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We’re only a few days into the New Year and central banks made it clear that easy money will start to disappear in 2018. ...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Political jockeying and trade-war threats rocked the foreign-exchange market Wednesday as the NY session kicked off with a steep...

USD/CAD continues to move sideways this week. In the Wednesday session, the pair is trading at 1.2447, down 0.14% on the day. On the release front, Canada releases Building Permits, a major...

The Canadian dollar continues to move sideways this week. In the Tuesday session, the pair is trading at 1.2423, up 0.03% on the day. On the release front, Canada releases Housing Starts, with an...

The Canadian dollar was slightly lower agains the U.S. dollar at the start of the week. The loonie is up 1.17 percent versus the greenback so far in 2018. The American currency has not had the best of...

As global economic data has continued to improve, appetite for risk has risen, which has sent global stocks to record highs, weaken the yen and revived the carry trade. The weaker USD has also...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar finally caught a bid on Monday as it rose against most of the major currencies. Treasury yields, which started...

The Canadian dollar has paused in the Monday session, after posting strong gains on Friday. Currently, the pair is trading at 1.2408, down 0.06% on the day. On the release front, the Bank of Canada...

EUR/USD dipped on morning trading session to 1.1976 flirting with 10-EMA (1.1980) successfully with a re-bounce after four consolidation sessions last week. The pair received a positive Retail Sales...