Currency Analysis & Opinion

AUDUSDThe Aussie rose strongly to new highs, closing at 0.7165 (+39 pips). The Australian dollar rose strongly across the board on Wednesday, helped by the release of a soft US core inflation report...

Market OverviewA lack of traction, turning into a mild dollar negative bias in recent days has been maintained after a deluge of key data and announcements yesterday. A slip in core CPI and a set of...

The markets remained very much in anticipation mode, any movements broadly kept to the minimum as investors await the outcome of Wednesday’s Brexit delay-deciding EU summit in Brussels.The...

Wednesday April 10: Five things the markets are talking aboutGlobal equities are mixed overnight on growth concerns and an escalation in trade tensions. Sovereign bond yields have fallen while the...

The bullish wedge on AUD/NZD continues to play out nicely, having reached a 10-week high as of yesterday. But the trend may be in need of a pause, before further gains materialise.If successful, the...

Market OverviewThere is an increasing sense of an ebb in risk appetite forming. With equity markets just beginning to pull back from their recent highs, volatility as measured by the VIX index has...

The talk of the morning was that Germany’s Chancellor Merkel might be willing to set a 5-year limit on the Northern Ireland backstop. After the inevitable denial, the pound unceremoniously...

After rejecting PM May’s Withdrawal Agreement and failing to agree on any alternative, UK MPs are again counting on May’s persuasive power to obtain another extension agreement. Yet the...

So far, much of the global equity rally has been supported by investor bets that U.S economic growth will be strong enough to support corporate profits, but modest enough to keep the Fed from having...

AUDUSDThe Australian dollar rose on Monday, closing at 0.7121(-22 pips) against the greenback. The Australian dollar rose against most major currency pairs on Monday, helped by firmer commodity prices...

Near the end of March, we outlined USD/CHF’s potential to rebound before its next leg lower. With the rebound having since occurred, we’re now watching closely for signs of bearish...

Market OverviewThe early months of 2019 have been rather truncated for the dollar. Swings higher and lower have been a feature. Moves of around one to two weeks higher tend to be followed by moves of...

Daily FX Market Roundup April 8, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementIt’s a new trading week and investors are selling US dollars across the board. The...

U.K. Prime Minister Theresa May is on a desperate mission to reach a Brexit deal; yesterday she released a video message on twitter explaining that since Parliament has made it clear it won't accept a...