Currency Analysis & Comment

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. As tempting as it may be to ride the turns in euro, sterling and other major currencies, it would be wiser to refrain from...

A stronger pound and disappointing results from BHP Billiton (LON:BLT) ensured that the FTSE remained in the red across the session. The pound charged northwards versus the dollar on Tuesday, rallying...

Though US President Donald Trump's second round of recent attacks on the Fed have battered the dollar, technicals signal that the global reserve currency continues to maintain an upward...

What do you do if you want a currency to move 100 pips in 24 hours in mid-August? The answer is simple; wait for a President to talk down his currency and criticise his central bank. No, this is not...

The Reserve Bank of Australia confirmed in its August Meeting Minutes that it is not expecting to raise its Official Cash Rate, given at 1.50% since 8 February 2016. The RBA sees improvement in...

Risk in trading continued to push asset higher in low liquidity. Heck even commodities and bitcoin have taken a slightly bullish tone. Equities have rallied for three days in a row as fear of a...

EUR/USD The upside prevails Pivot (invalidation): 1.1480 Our preference Long positions above 1.1480 with targets at 1.1575 and 1.1600 in extension. Alternative scenario Below 1.1480 look for further...

Market Overview With the recent strength of the dollar, as sure as night becomes day, Donald Trump starts talking about currency manipulation. It was just a matter of time. In an interview with...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar started this new trading week with another day of losses. The greenback either held steady or extended its...

The second full week in August was another good one for the US dollar. The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see...

The Turkish lira is the worst performing currency in the FX space today after a spokesman for the German Chancellor ruled out financial assistance for Erdogan’s government. Considering today...

Five things the markets are talking about With 'risk-on and off' trading strategies dominating proceedings this summer, expect this to be another action packed week despite the lack of economic data...

Trading sideways against the greenback since June in the 1.16 range, EUR fell most during last week’s Turkish lira collapse. Despite growth and improving sentiment indicators, the single...

Fear of a Turkish currency crisis is now fading. Threats of additional US sanctions on Turkey have had a muted effect; TRY is regaining lost ground. Most currencies are higher against the USD as...