Currency Analysis & Opinion

The last day of a major political party conference in the UK will usually have markets on tenterhooks, as party leaders like to include some economic policy in their speeches. In this case traders...

The euro has rebounded from a five-day selloff during which the currency slipped the most since December. Traders were unnerved by Italy's recurring fiscal woes which led to the inevitable...

The Turkish lira took another hit on Wednesday amid disappointing inflation figures. Headline inflation measure broke another record in September as it climbed to 24.52%y/y, beating widely...

Market OverviewThe dollar outperformance of the past week have not been due to dollar strength, but more to do with concerns in the Eurozone over Italian debt and the negative impact on the euro. The...

After a year of tense and extremely public negotiations Mexico, Canada and the United States have reached an agreement to modernise NAFTA.With more than 1,800 pages the USMCA (aka US, Mexico, Canada...

The US dollar surged across the board on Tuesday morning as market participants expect Donald Trump to bring the trade war with China back under the spotlight. Even safe-haven currencies struggled to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The big story in the FX market was the U.S.-Canada trade deal. In the eleventh hour, the 2 neighboring countries managed to...

After showing a positive reaction to the Federal Reserve’s rate hike last week, the US dollar was again generally supported on the first day of the new month and quarter. However, it remains to...

Sterling’s extreme sensitivity to Brexit-related rumours continued on Monday, as reports of a compromise offer to resolve the Northern Ireland border problem triggered a spike in the currency....

We anticipate that sterling will see further selling heading into late October.Over the weekend, Boris Johnson attacked Prime Minister Theresa May's Chequers plan calling it 'deranged' and 'entirely...

Slow start to trading this Monday. EUR/USD dipped to 1.1574 as markets digested the weekend news flow around Brexit, soft EU CPI (Consumer Price Index) and the Italian budget.On Friday, Italian yields...

First, a review of last week’s events:EUR/USD. As expected, the last week had a lot of trouble for both the euro and the US dollar. The pair visited both the upper and lower boundaries of the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The last week of Q3 was another good one for the U.S. dollar. The greenback climbed to 13-month highs against the Japanese yen...

The GBP/USD was still unable to break through the key resistance level 1.3285 (EMA200, EMA144 on the daily chart) and again declining, returning to the global downtrend.The Brexit theme remains...