Currency Analysis & Opinion

US banking stocks are having a field day after Morgan Stanley(NYSE:MS) (NYSE:MS) and Goldman Sachs (NYSE:GS) reported higher than expected earnings.Morgan Stanley managed to ramp up profits in the...

The European Council Meeting in Brussels starts today and Brexit negotiations will resume at night. Now the arrangement lies in the hands of all 27 EU members that will vote tomorrow. Further progress...

Since the beginning of the week, US rates have finally taken a breather in the aftermath of a violent equity sell-off.The 2-Year treasury yield traded in a tight range - between 2.82% and 2.87% - as...

Market OverviewThe sharp move higher on Treasury yields came a couple of weeks ago as traders looked at the employment components of upside surprises in the ADP report and ISM Non-Manufacturing, taken...

The latest UK jobs report proved to be an adequate distraction from the Brexit headlines, allowing for a perkier performance from the pound than the political situation between the UK and EU would...

The pound extended its gains this morning with the GBP/USD climbing to 1.3200 and EUR/GBP slipping 35 pips back below the 0.8800 handle. This was on the back of official data showing UK wage growth...

There’s been more gains seen in sterling this morning with the market jumping back above the $1.32 handle following the release of the latest employment data from the UK. The wage figures for...

Market OverviewAfter the volatility and elevated market fears seen throughout last week, there is a sense that sentiment is starting to settle down. However, if that means Treasury yields start to...

The pound is holding up surprisingly well this morning, recovering a little after gapping lower over the weekend as hopes of a Brexit deal in principle this week have diminished significantly. The...

British pound optimism is over. EU chief negotiator Michel Barnier’s optimistic rhetoric is now sounding more concerned. After meeting with Brexit Secretary of State Dominic Raab in a one-hour...

After a painful last week, equities fell further on Monday with Asian markets blinking red across the screen. The Nikkei fell 1.87%, while Hong Kong’s Hang Seng slid 1.50%. In Europe, the...

First, a review of last week’s events:EUR/USD. The US market sees a continuing correction, which leads to a weaker dollar. On Thursday, October 11, the US stock index S&P500 lost the next...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In 2 trading days, the Dow Jones Industrial Average lost more than 1,300 points and the S&P 500 fell over 5%. The last time...

Market OverviewAfter Wall Street sold sharply lower once more yesterday, there are signs of stabilisation this morning. The big question is how traders respond to a technical rally. It will also help...