Currency Analysis & Opinion

The recent release of European elections results, although mostly feared by most investors, finally came in better than expected. Despite a loss of majority in the centre-left and centre-right...

On the whole, global equities have advanced in the overnight session along with U.S equity futures as investors and traders return from a U.S and a U.K bank holiday. The ‘big’ dollar has...

As far as currency moves are concerned, the European elections were almost a non-event as no gaps across Euro pairs were seen on Monday. And, with the US and UK on holiday and a general lack of...

The pound was unable to read any clear direction in the tea leaves of the European election – Nigel Farage’s Brexit Party might have won, but support for the various parties explicitly...

EURUSDThe Euro closed lower on Monday, closing at 1.1192(-14 pips) against the greenback. The lack of macroeconomic releases exacerbated the quietness around major pairs, although the greenback ended...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 24, 2019The US dollar hit fresh multi-month highs versus the euro, sterling, Australian and New Zealand...

Global markets had been subdued by unstable political sentiments throughout this week with continuous escalation of the trade war between U.S. and China, sanctions on Iran, and British Prime Minister...

Prime Minister Theresa May said on Friday she would step down on June 7, succumbing to calls in her governing Conservative Party to make way for a new leader to try to break an impasse over...

To summarise market moves:US10Y fell to its lowest level since October 2017 JPY and CHF dominated the FX space, as you’d expect CAD was the weakest major with falling oil prices EUR rebounded...

The big news today is that Prime Minister Theresa May has announced, as widely anticipated, to step down on June 7 as Conservative leader.The news came as no surprise and in all honesty it looked...

Theresa May has announced that she will step down on Friday 7th June as the PM has confirmed the end of her tenure. There was a small move higher in the pound in response with the GBP/USD moving back...

Market OverviewFlash PMIs can act as a window to future growth trends. The big takeaway from yesterday’s data is that the protracted dispute between the US and China is taking a serious toll....

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 23, 2019For the lack of major US economic reports, it was a very active day in the forex market. The...

Global stocks plummeted on Thursday amid heightened concerns of a prolonged trade war. Investors fled from riskier assets, instead seeking refuge in safe havens. Gold climbed higher, along with the...