Currency Analysis & Opinion

Market OverviewMarket sentiment has taken a battering over the past 24 hours as traders have responded to the implications behind renewed dovishness from the European Central Bank and now this morning...

A dovish move from the ECB yesterday has weighed on the single currency and sent the EUR/USD below the $1.12 handle to trade at its lowest level since June 2017. The world’s most widely traded...

The explanation for the sudden halt in global economic growth is found in the coincidence of peak credit combining with trade protectionism. The history of economic downturns points to a rerun of the...

Ahead of Friday’s US non-farm payrolls report the dollar has managed to extend its recovery, thanks mainly to renewed weaknesses in foreign currencies rather than actual strength in the...

ECB have delivered about as dovish an update as could expected following their latest monetary policy decision. The bank has stated its intention to keep rates on hold at record lows until at least...

The fact that the EUR/USD has been unable to go up so far in the year, despite gains for the likes of the pound and commodity currencies against the US dollar, is a direct reflection of the troubles...

Daily FX Market Roundup March 7, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday’s European Central Bank monetary policy announcement is the biggest event of...

Prior to today’s rate decision from Bank of Canada, we had seen a run of poor economic data from the North American nation. So, the central bank was always likely to drop its previous hawkish...

On Wednesday morning, the US dollar was better bid against most of its peers despite the Fed dovish U-turn. The greenback rose the most against the Australian dollar, with AUD/USD down 0.72% to...

Market OverviewAs traders wait for further news of solid developments in the US/China trade negotiations there has been a reduction in risk appetite and a cautious look to trading. There has been a...

Daily FX Market Roundup March 6, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With stocks stabilizing after yesterday’s slide, the US dollar traded higher against all...

Today’s stronger-than-expected US ISM Non-Manufacturing PMI and New Home Sales data both helped to drive the dollar higher, which caused the USD/JPY to hit a fresh 2019 high. But with stocks...

A weaker pound helped the FTSE bounce higher even as its European peers dropped into the red before recovering again.Monday’s trade deal optimism faded under a lack of concrete evidence and...

Global equities were mixed overnight as investors digested Chinese tax cuts and lower growth forecasts while awaiting for details on a possible China-U.S trade deal.U.S Treasuries are steady while the...