Currency Analysis & Opinion

Market OverviewMarkets have developed a wait and see approach as the US returns from Presidents Day public holiday and the US/China trade talks resume in Washington today. There was little real steer...

US-free afternoon causes bland trading to continue Reflecting the extent to which recent trading has been driven by the US, an America-free Monday left the European markets with little to do. The...

As the latest Fed meeting was accompanied by the central bank’s commitment to data dependence, flexibility and patience, the upcoming FOMC meeting minutes may have a significant impact on the...

This Wednesday should bring news of the US Federal Reserve’s normalisation strategy.The Fed’s January meeting dropped its tightening bias. Yet with interest rates on hold for now,...

Following mid-2018 talk between US President Donald Trump and European Commission President Jean-Claude Juncker that avoided duties on EU car imports to the US, the story now resumes. Last...

Market OverviewThe apparent progress that is coming in the US/China trade talks is helping to drive more elevated levels of risk, but also is now beginning to weigh on the US dollar. Donald...

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 OverviewAs 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 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...

Markets are watching geopolitics closely, especially the China/US trade conflict. Meanwhile, the US Federal Reserve Bank has entered “wait-and-see” mode on monetary policy and will...

Brexit deadlock remains. Will Prime Minister Theresa May maintain political support and win concessions from the EU? We’ll see at the next vote, scheduled for 27 February. We expect GBP/USD to...

FTSE higher as trade truce optimism still holdsThe FTSE and other European gauges are in positive territory this morning, still living off the optimism over the Sino-US trade talks sparked by...

Market OverviewMarkets are being pulled around by two forces at the moment, with the trade story being countered by dollar strength impacting across major markets. First of all there is a risk...

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