Currency Analysis & Opinion

Eurozone governments’ borrowing costs and the euro rose on Monday after European Central Bank president Mario Draghi signalled that policymakers remained on course to rescind some of their...

So, the US Federal Reserve raised interest rates 25 basis points yesterday, as had been widely expected. The FOMC finally decided to drop the word “accommodative” in reference to its...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Dollar bulls are back in control thanks to strong US data and a recovery in yields. According to the latest GDP report, the US...

Canadian dollar optimism is eroding as Sunday’s deadline for US-Canada trade talks approaches.US President Donald Trump confirmed his discontent, refusing Canadian Prime Minister Justin...

Market OverviewThe Fed hikes interest rates and the market gives little real reaction, that is a central bank’s ideal scenario. A 25 basis point increase, a shade higher in terms of growth...

The key takeaways from the Powell press conference is that he still feels that policy is accommodative, even though the Fed removed the word accommodative from their statement. The market decided to...

The Fed is set to raise rates today in what is all but a foregone conclusion, which will lead to profit-taking for dollar bulls. As well, President Donald Trump’s rhetoric yesterday at the UN...

Is Angela Merkel seeing the beginning of the end of her long run as German Chancellor?Yesterday’s vote for her party’s parliamentary head suggests as much. The Christian Union parties...

Last week saw the Swiss National Bank offer absolutely no hints about the prospects of tightening in the foreseeable future. The SNB was surprisingly relaxed about the currency’s recent...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The market is pricing in a 100% chance of a quarter-point interest-rate hike by the Federal Reserve Wednesday, which would be...

Ahead of the upcoming Fed meeting tomorrow, the dollar has reminded volatile but generally on a weaker footing. At the time of writing, it was still down on the day against the euro and pound, but off...

Tuesday September 25: Five things the markets are talking aboutIt’s a return to the drawing board for many investors who are now back online beginning their holiday shortened Asian trading...

Market OverviewTraders are beginning to look towards tomorrow’s FOMC decision, as the market outlook for improved risk is tempered by the ongoing trade dispute between the US and China. It seems...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This is a very busy week for the foreign-exchange market and while we’re off to a slow start, trading ranges will widen...