By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The Federal Reserve breathed new life into the U.S. dollar this week by confirming that it sees one more rate hike this year. ...
Investors weren’t particularly impressed with Theresa May’s Brexit speech in Florence this Friday. The Prime Minister really tried to play up how much co-operation is in the interest of ...
So, all eyes will be on UK Prime Minister Theresa May today as she delivers a key speech on Brexit in Florence. May is expected to lay out the UK government’s long term strategy for Brexit and ...
Chinese equities ended lower for the second day in a row after Standard & Poor’s stripped China of AA- rating. The Shanghai Composite fell as much as 0.90% over the last two days as ...
The EURCHF pair has reached its highest level since the floor was abandoned in January 2015. The pair has even reached 1.1620 CHF for one euro coin. The bullish move is mostly due because of the ...
On Sunday, German citizens will head to the polls to elect their new Chancellor. Unlike the bloc’s recent elections, this battle appears to be more traditional in nature, as the two main parties...
While it may be true that “everything is still possible,” as Former European Parliament President Martin Schulz recently stated to media regarding the upcoming German elections on Sunday, ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Consolidation was the theme of the day after Wednesday’s big moves in currencies. The only action was in the Australian ...
As widely expected, the FOMC finally triggered the process to reduce the size of its $4.5tn balance sheet. Although the normalisation process will start in October, which could be seen as a bit ...
Market Overview The dollar has taken some significant strength on the back of a surprisingly hawkish Fed last night. No hike in rates was expected, as was the commencement of balance sheet reduction. ...
Irrational reaction betrays market desireThe reaction of the pound and analysts’ expectation following yesterday’s release of August retail sales data was simply bizarre. Hawk or dove, it ...
Once the FOMC meeting and press conference are both out of the way, the near term direction for the dollar should become clearer. For those who prefer to focus on something else, crude oil or a ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The Federal Reserve has every intention to raise interest rates one more time this year and 3 times in 2018. This unambiguously...
Today, all eyes will be on the highly-anticipated FOMC policy decision. This is one of the “bigger” meetings, meaning that besides the rate decision we will also get fresh economic ...
The Federal Reserve’s latest policy decision this evening is the main macro event for today and quite possibly for the week, unless the Bank of Japan comes up with something better tomorrow ...
Today's FOMC announcement is one which has taken on a greater significance for a number of reasons - one of the more obvious ones being widespread expectations on signalling the start of the balance ...
Market Overview Financial markets are consolidating this morning, with all eyes on the Fed as the FOMC conclude their two day meeting with the announcement of monetary policy. This could be an ...
