Currency Analysis & Opinion

It is now possible to pencil in how the next credit crisis is likely to develop. At its centre is an overvalued dollar over-owned by foreigners, puffed up on speculative flows driven by interest rate...

Yesterday central banks' schedule was quite packed. Starting with the Turkish central bank decision to raise interest rates to 24%, a rise of 625 bps, while investors were expecting that the CBTR...

Even though central banks’ meetings took centre stage yesterday, investors were also keeping an eye on key economic data from the US. The August inflation report was released yesterday and came...

Mario Draghi declared on Thursday the ambiguity surrounding the European Central Bank’s inflation outlook is 'receding,' working to give the euro a boost. The ECB president’s remarks came...

Market OverviewWith an invitation extended to China from the White House for renewed trade discussions has laid the grounding for renewed positivity in market risk appetite. This comes as US inflation...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors sent EUR/USD to its highest level this month on the back of the European Central Bank’s monetary policy...

Bond, stock and FX markets have all experienced some big moves today on the back of a deluge of central bank meetings and some weak US economic data, which weighed heavily on the dollar.The question...

The pound sterling has been holding steady, even after the BoE held interest rates this morning. As well, the central bank indicated that its August guidance remains on track. Future rate hikes will...

Today will see action by the Central Bank of Turkey, expected to increase the one-week repo rate by 3.25% to 21%. Any smaller increase would trigger another sell-off in the Turkish lira, which could...

Thursday September 13: Five things the markets are talking aboutU.S. equity futures and euro regional bourses trade steady after the overnight Asian session put an end to its longest losing streak...

Market OverviewThe reaction on financial markets to an invitation from the White House for Chinese trade officials to discuss the trade dispute reflects just how much markets remain attuned to this...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday is a big day for euro and sterling. There are 2 monetary policy announcements on the calendar and the U.S. consumer...

After yesterday’s big reversal in the stock markets, the pressure on safe haven yen eased a little. As a result, the USD/JPY was able to extend its gains for the third straight session on...

Canadian dollar bulls are celebrating. Renewed optimism on NAFTA has pushed USD/CAD lower, as US-Canada trade talks resumed yesterday. Both US President Trump and Canadian Foreign Minister Chrystia...