By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Summer must be here because it was an extremely quiet day in the forex market. Aside from the Canadian dollar’s big move ...
So far this month, commodity currencies including the Australian and Canadian dollars had performed rather well. However it looks like that good run of form has come to an end for these currencies ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was another active day in the foreign-exchange market with the greenback, sterling and Canadian dollar experiencing wild ...
Forget the Queen’s Speech, it was all about Andy Haldane this morning. The pound jumped and the FTSE dropped after the Bank of England’s chief economist and Monetary Policy Committee ...
Investors are increasingly optimistic about the results of last week's Fed meeting. The likelihood of another increase in interest rates by the Fed this year rose yesterday to about 51% (against 47% ...
Carney’s comments drive pound lowerIt has been surprising and maybe a testament to the amount of liquidity there is in the market that the pound has remained reasonably resilient to the negative...
Sterling has fallen further after headlines came from sources close to the DUP/Tory discussions that talks were not going that well. There has been no deal currently and it's almost two weeks since ...
Earlier today, I took part in FX Street’s ‘Currencies in Play’ show – covering EUR/USD, GBP/USD and USD/JPY - amongst others with some general FX Market banter. You can watch ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tuesday was a lively session in the foreign-exchange market despite the lack of market-moving data as the moves in FX were led ...
Today, the Forex market is experiencing sluggish dynamics and low activity of traders in the absence of new fundamental drivers. The dollar, on the whole, keeps positive dynamics; however, some market...
Stick or twist?The three-hike policy that the FOMC has embarked upon seems to be held together more by hope than expectation. In her advance guidance to the markets, Fed Chair Janet Yellen has cited ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It has been a fairly slow start to a busy week in the foreign-exchange market. Monday's U.S. dollar traded higher against all ...
Last week saw four major central banks announce their policy decisions. Among them, the Bank of Japan remained quite dovish while the US Federal Reserve and Bank of England leaned surprisingly more ...
Last Sunday, the results of the election of deputies of the National Assembly of France were summed up. Observers noted a record low voter turnout. Despite the fact that the Macron party received an ...
The pound has started its bullish recovery after hitting the critical bottom at 1.18793 during the Brexit event. From that point, the pair has managed to rally higher for 7 consecutive months and is ...
First, a review of last week’s forecast t had been clear that the main moves for EUR/USD would begin on Wednesday 14 June, when the US Federal Reserve would officially announce a rate increase. ...
It has been another rocky week for sterling exchange rates, with inflation on the rise and the UK still politically unstable, what happens next remains unclear. Current UK PM, Theresa May is still yet...
