Currency Analysis & Opinion

Sterling got its swagger on overnight, with a report from The Sun of all places only increasing the currency’s optimism that the UK will duck a no-deal Brexit. That illustrious news source...

Headlines focus on a clear warning from the ECB that risks to Eurozone growth have “moved to the downside”. The “downside” - againHowever, the comment varies from an assessment...

Today’s monetary policy meeting at the European Central Bank is expected not to move the euro with respect to the dollar.We expect ECB President Mario Draghi to be cautious on rates and present...

Market OverviewThe dollar has just begun to lose its way again after the recent rebound rally has started to slip away. This comes amidst the recent uncertainty over the progress in the US/China trade...

Daily FX Market Roundup Jan 23, 2019By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The next 24 hours should be an interesting one for the forex market as investors tune into...

The European Central Bank’s next policy ‘decision’ will be made on Thursday, but the focus will undoubtedly be on President Mario Draghi’s press conference.The ECB is widely...

China's yuan moved higher earlier today, after the country's central bank, the People’s Bank of China, offered 258 billion yuan ($38 billion) to regional commercial lenders through its...

Will China and the USA settle their trade dispute in a way that pleases markets? Despite US President Donald Trump’s statement last week that an agreement could be reachable, a second salvo of...

USD/CHF consolidates its recent gains to near six-week tops as the pair continues its upside move from the lows around 0.97 registered on January 10. The price is changing hands within striking...

For the first time since the U.S. government shutdown, the S&P 500 closed in negative territory. This decline coincided with weakness in most of the major currencies. Although it would be easy to...

For nearly three years, the entire British economy and way of life have been dominated by Brexit and what it will mean for the UK not to belong to the EU following its departure on March 29th,...

Theresa May’s 'Plan B' did little to shake things up. The UK Prime Minister offered very few details as to what her new proposals look like but did struck a more inclusive tone. She plans to...

Earlier today, the pound sterling reversed gains, though it has since inched higher, as it continues to trade at the top of a multi-week range, toward 1.3000. Any movement on the currency right now is...

After a quiet Monday, things were already looking livelier this morning and volatility could rise further once US market participants come back from their long weekend break.Overnight, risk sentiment...