Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After driving USD/JPY to 11-month highs last week, investors took profits in what should have been a quiet trading day. However...

While the dollar has all the fundamental reasons to support an outlook for continued strengthening, it continues to weaken against the yen for the third day.The dollar is strong and should only...

The Italian budget situation took centre stage on Monday morning as traders return from the weekend. The FTSE MIB gave up another 1.80% to reach 19,962 points, its lowest level since April 2017.In the...

Market OverviewThere is a mildly negative feel to trading sentiment for the new trading week. Traders were a touch betwixt and between with how to respond to Friday’s payrolls report and...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After rising for most of the week, the greenback’s rally lost momentum on Friday on the back of mixed labor-market data. ...

Friday October 5: Five things the market is talking aboutThe granddaddy of economic indicators – U.S non-farm payrolls (NFP) for September – will be released later this morning (8:30 am...

Market OverviewThe spike higher on Treasury yields in recent sessions has the ability to really negatively impact on market sentiment if the move continues apace. The 10 year Treasury yield has now...

Nonfarm payroll expectations are sky high as the market predicts an 180K increase in September. This means that it's unlikely for the report to surprise to the upside while there is an increased...

Inflation in Turkey blew out expectations, with the core reading up to 24.5% and producer prices hitting 46%.Oddly, TRY is stable, which must mean markets are confident the Central Bank of Turkey will...

Strong economic data sent US yields higher across the board. 10-Year treasuries surged to 3.225%, adding 0.12% overnight. USD bulls charged, bidding up the greenback versus developed and developing...

Hawkish Powell the catalyst for higher yields; India coming under scrutiny as USD rally and oil prices raise concerns; Gold resilient to recent USD gains. Yields are on the rise on Thursday which...

Market OverviewTreasury yields spiked higher yesterday as significantly impressive US services sector data from the ISM reflected a strength in the economy and the ongoing positive impact of the tax...

An early push higher in sterling has run into some resistance against the US dollar with the market dropping back below the $1.30 following Theresa May’s speech at the Tory party conference....

The Australian dollar continued to ease further after the Reserve Bank of Australia kept its monetary policy unchanged, as widely expected, on Tuesday. The AUD/USD fell to a low so far of just under...