Currency Analysis & Opinion

Sterling volatility has certainly picked up over the last 24 hours, with May’s article 50 extension request appearing to be the trigger. While the short extension request itself came as no...

AUD/USD AUD/USD traded as high as 0.7150 after the release of the much-anticipated dovish Fed Rate. The USD fell sharply against a basket of major currencies after the Federal Reserve held U.S....

Daily FX Market Roundup March 20, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementThe US dollar sold off sharply against all of the major currencies after the Federal...

Volatility picked up after a quiet-ish Asian session overnight ahead of the FOMC later today. GBP slumped after UK PM May officially asked the EU for an extension to Brexit to June 30 and despite the...

EUR/USD has been oscillating within a bearish channel for the best part of this year. But having rebounded around 1.5% from its low (an area which saw euro reverse previously) we're looking out for...

There is a high probability that Prime Minster May will pass out due to G-force in the British politics. The UK is hurling towards Brexit with no steering or brakes, so can someone call Denzel...

All eyes are on today’s FOMC meeting where the Fed is expected to hold interest rates steady, announce plans for the end of asset roll-off from its balance sheet, and lower its...

AUDUSD The Aussie fell by a margin on Tuesday, closing at 0.7086(-12 pips) against the greenback. Main catalyst for the fall was due to renewed concern about trade talks between the United States and...

Daily FX Market Roundup March 19, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementWednesday’s Federal Reserve monetary policy announcement is the most important event...

Last year’s emerging market (EM) currency crisis saw the likes of the Turkish Lira (TRY) and Indian Rupee (INR) repeatedly drop to new all-time lows. While concerns have eased sharply over the...

EUR/USDThe euro closed higher yesterday, closing at 1.1336(+17 pips) against the greenback. It was a relatively quiet start of the week for the FX market, with a scarce macroeconomic calendar...

The most recent figures on the UK labour market have been released earlier than expected, catching some traders off guard with what is a pretty pleasing all round data point.Wages are often the thing...

If the US dollar index (DXY) is to follow its seasonal tendency, headwinds could cap upside potential in March before dragging it lower around April. We can see that, whilst January and February have...

Market OverviewThe dollar remains subdued as the Federal Reserve meeting approaches. Given the recent run of disappointing US data, the market is taking a view that the Fed is set to tread a patient...