Currencies and Forex Analysis & Opinion

The Canadian dollar has posted losses in the Thursday session. Currently, USD/CAD is trading at 1.3289, down 0.40% on the day. On the release front, there are no Canadian events. In the U.S., Final...

The Indian rupee took a dive yesterday, down 0.7% to 69.0925 against the dollar, to a record low, passing its previous record of 68.8650 posted during November 2016. The currency's slump can be blamed...

The Canadian dollar continues to have an uneventful week. In the Wednesday session, USD/CAD is trading at 1.3316, up 0.10% on the day. On the release front, the sole Canadian event is a speech from...

The Canadian dollar continues to have a quiet week. In Tuesday’s North American session, USD/CAD is trading at 1.3319, up 0.19% on the day. On the release front, there are no Canadian events...

For the past 2 months, the US dollar has been on a tear. However, despite hitting multi-month highs against sterling, the Australian, New Zealand and Canadian dollars, at the end of last week, the...

The Turkish lira jumped this morning—as much as 3 percent against the dollar and the euro—after the country's president, Recep Tayyip Erdogan scored a decisive reelection victory in...

The Canadian dollar is showing slight gains in the Friday session. Currently, USD/CAD is trading at 1.3276, down 0.30% on the day. On the release front, Canada will publish key consumer data. CPI, the...

The Canadian dollar is showing little movement in the Thursday session. Currently, USD/CAD is trading at 1.3319, up 0.06% on the day. On the release front, there are employment releases on both sides...

The Canadian dollar has posted considerable losses in the Tuesday session. Currently, USD/CAD is trading at 1.3273, up 0.54% on the day. On the release front, there are Canadian events on the...

The Canadian dollar is trading sideways in the Monday session. Currently, USD/CAD is trading at 1.3183, up 0.05% on the day. On Friday, the pair broke above the 1.32 line for the first time since June...

China’s decision to maintain interest rates, after the Fed had raised both rates and the outlook for an additional hike this year, caught FX traders off guard, especially considering the selling...

The US dollar is on a tear as it reaches for 6 to 12-month highs against other the major currencies.While the Federal Reserve and European Central Bank’s monetary policy announcements were the...

The Canadian dollar continues to lose ground in the Friday session, after strong gains on Thursday. Currently, USD/CAD is trading at 1.3129, up 0.18% on the day. Earlier in the day, the Canadian...

Yesterday, as expected, the Federal Reserve raised rates. However, the US central bank went one step further and provided an outlook for an additional, fourth hike this year, increasing the median...