Currency Analysis & Opinion

As widely expected the BoJ kept interest rate unchanged at its September monetary meeting. The policy balance rate was maintained at -0.1%, while the 10-year yield target was left unchanged at 0%. The...

Ahead of today’s meeting in Salzburg, sterling is strengthening, currently trading along 1.3205 USD and approaching the 1.3215 range in the short-term.At stake is whether the pound will benefit...

The Canadian dollar continues to strengthen, pushed by higher expectations of North American Free Trade talks.USD/CAD is trading lower at 1.2948 and weakening since the beginning of the week (-0.68%)....

The pound got another shot in the arm after the latest measure of consumer inflation was released this morning, which revealed a surprisingly strong reading for the month of August.According to the...

With a lack of news surrounding the market’s major preoccupations – Brexit and the US-China trade war – Wednesday morning saw investors’ turn their attention, however briefly,...

The UK CPI data for August rose to its highest level since February, which helped push the pound above $1.32, albeit for a brief period. The pound is the one of the top performers in the G10 FX space...

Market OverviewAs the trade tensions continue to ratchet up, it seems that traders are taking the glass half full as sentiment remains positive. This latest move by the US to add 10% tariffs on $200bn...

All eyes will be on British PM Theresa May as she makes her way to Salzburg today to address EU leaders over dinner this evening. This informal summit is considered a turning point for Brexit: will...

Tuesday September 18: Five things the markets are talking aboutIt was coming, the market new it was coming, just when, and how much, were the unknown variables. President Trump has imposed an...

Market OverviewAfter more than a week of anticipation, Donald Trump has finally pulled the trigger on the next phase of trade tariffs on Chinese imports. A 10% tariff on $200bn worth of imports from...

EURUSD A close back over the medium ma (currently 1.1666) which supports the weekly key reversal from last week but counters the bearish stick sandwich pattern also possible…we’ve moved...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.No bulls were in sight Monday as the U.S. dollar traded lower against all of the major currencies. Softer U.S. data may finally...

Investors eyeing the index that measures the dollar against its major peers are wondering if the currency has begun a new downward phase, a scenario that would give emerging markets some much-needed...

First, a review of last week’s events:EUR/USD. The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said...