Just a couple of weeks ago, the dollar was languishing in the doldrums. This was in part due to that disappointing US jobs report which helped to lower expectations for aggressive rate hikes from the...
Treasury yields are generally expected to fall as equity investors rotate capital out of stocks and into Treasurys. However, despite the fact that the US and global equity selloff extended into the...
EUR/USD Decreasing EUR/USD is decreasing after reaching 1.24, trading below 1.23 and heading along the 1.2265 range. The pair is currently maintained between hourly support and resistance given at...
The UK markets could barely bring themselves to move after the open, investors perhaps trying to make the most of the sun while it lasts. The FTSE was effectively flat at the start of the session,...
Market Overview As Treasury yields continue to breakout there has been a key shift in sentiment seen on the dollar. The question that traders will be asking themselves is whether this move on yields...
Last week was all about the pound; this week could be all about the euro. The pound’s rally came to an abrupt halt as economic data from the UK disappointed expectations and after the Bank of...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was a great week to be long dollars and to gauge the durability of the dollar’s rally and it is important to...
Boosted by the oil price rally, the Canadian dollar remains fairly supported despite the Bank of Canada this week reiterating that that it will be cautious with respect to future hikes amid concerns...
FX markets continue to send of complex and puzzling signals. Risk appetite seem to be recovering supported by EURCHF testing 1.2000 level. Yet demand for EM remains weak. Brent nearing $75 threshold...
The New Zealand dollar saw heavy selling pressure on Friday amid weak inflation data, which confirms the Reserve Bank’s cautious stance. The Kiwi fell 0.53% against the greenback and hit...
It’s been quite a week for the pound with the currency experiencing a fairly sharp drop after hitting its highest level against the US dollar since June 24th 2016 - the night after the Brexit...
Market Overview With the inflationary implications of commodity prices gaining strongly in recent sessions and geopolitical risk fading (for now) there has been a set up for global bond yields to push...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The biggest story in the financial markets Thursday was the sharp rise in Treasury yields. Two-year yields hit fresh 9-year...
Benchmark government bond yields in the US have been creeping up again over the past few weeks. The yield on the 10-Year Treasury is closing in on 2.9%. Meanwhile short-term rates have been rising...
The euro has finally made its way back to the infamous 1.20 level against the Swiss franc. EUR/CHF traded as high as 1.1995 on Thursday morning but was unable to break the 1.20 resistance to the...
