Currencies and Forex Analysis & Opinion

The Canadian dollar surged Monday. The loonie is trading higher by 0.21 percent at 1.2992. The U.S. dollar lost traction earlier in the session with the release of the U.S. retail sales data for...

The Canadian dollar is unchanged in the Monday session. Currently, USD/CAD is trading at 1.3014, down 0.05% on the day. On the release front, U.S. retail sales were much softer than expected. Retail...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In 2 trading days, the Dow Jones Industrial Average lost more than 1,300 points and the S&P 500 fell over 5%. The last time...

The Canadian dollar has edged higher in the Friday session, following the trend seen on Thursday. Currently, USD/CAD is trading at 1.3011, down 0.18% on the day. On the release front, there are no...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another rocky day in the foreign-exchange market with currencies taking their cue from equities. At the start of the NY...

The Canadian dollar has edged lower in the Thursday session. Currently, USD/CAD is trading at 1.3042, down 0.19% on the day. On the release front, Canada releases the New Housing Price Index, which is...

The Canadian dollar has edged lower in the Wednesday session. Currently, USD/CAD is trading at 1.2973, up 0.19% on the day. On the release front, Canadian Building Permits gained 0.4%, shy of the...

The U.S. dollar flexes its muscles across the entire financial spectrum, screaming for higher values. The EUR/USD isn’t able to hold above 1.15 for now, USD/CAD regained the magical 1.30 level,...

The Canadian dollar continues to lose ground, as the currency has posted five straight losing sessions. Currently, USD/CAD is trading at 1.2997, up 0.28% on the day. On the release front, Canadian...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After driving USD/JPY to 11-month highs last week, investors took profits in what should have been a quiet trading day. However...

While the dollar has all the fundamental reasons to support an outlook for continued strengthening, it continues to weaken against the yen for the third day.The dollar is strong and should only...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After rising for most of the week, the greenback’s rally lost momentum on Friday on the back of mixed labor-market data. ...

The Canadian dollar is unchanged in the Friday session. In the North American session, USD/CAD is trading at 1.2934, up 0.11% on the day. On the release front, the focus is on key employment...

Nonfarm payroll expectations are sky high as the market predicts an 180K increase in September. This means that it's unlikely for the report to surprise to the upside while there is an increased...