Currency Analysis & Comment

With retail sales falling by the biggest amount in nearly a decade, many forex traders are wondering if the US dollar is past its prime. Last week all of the major currencies held steady or traded...

Market Overview As the backlog of US data in the wake of the recent US Government shutdown starts to filter through there could be some surprises on the way, and some revisions. The US dollar has been...

The government’s latest Parliamentary defeat should bring deeper pain in the near term for sterling than the government. Abstainers swing for May The market has certainly been unsettled by...

The EUR/USD and other euro crosses remain pressured by growing signs of a slowdown in the Eurozone economy. While it did look from time to time last year that the EUR/USD was going to take off from...

Daily FX Market Roundup February 13, 2019 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After months of confrontational language, President Trump is softening his tone on...

USD Index registered fresh yearly highs at 97.20 on Tuesday but failed to sustain the bullish momentum and corrected lower quite aggressively. A mild selling pressure remains today though the bulls...

Asian equities reached a four-month high overnight, supported by optimism that the world’s two largest economies would be capable of reaching a deal to resolve their nearly year-long trade...

Daily FX Market Roundup February 12, 2019 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. US equities raced higher Tuesday leading to an improvement in risk appetite that...

There’s been a further softness seen in the pound, this morning with the currency falling to a 3-week low against the US dollar, although a fair chunk of these declines can be attributed to a...

Market Overview The dollar bulls have made a decisive breakout, the question is now whether they can hold their nerve. Amidst the backdrop of continued slowing global economic trends, the dollar has...

by Geoffrey Smith Emerging market currencies have had a great start to the year. The slowdown in the world economy has forced the U.S. Federal Reserve to pause its interest rate hikes and the European...

Daily FX Market Roundup February 11, 2019 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The US dollar is on fire. Investors drove the greenback higher against all of the...

The Swiss economy remains robust and Swiss companies are optimistic, with order backlogs, stable employment and high capacity utilization. Inflation was quiet in January, with headline consumer prices...

The latest signs suggest that UK economy activity is slowing further, with the month on month decline of 0.4% particularly concerning. This is the largest drop since the month on month figures were...