Currency Analysis & Opinion

Futures Flat As Canada Re-Joins NAFTA TalksIt’s been a quiet start to trading on Wednesday, with equity markets in Europe slightly in the red and US futures pointing to a flat open in a few...

Wednesday August 29: Five things the markets are talking aboutFor now, trade negotiations remain the dominant theme for market moves as uncertainty over how Canada will respond to Monday’s...

The pound is rising against all of its major peers today after Tuesday saw the currency hit an 11-month low against the euro after comments from PM May in South Africa that a no-deal Brexit...

As the gongs sounded of a US-Mexico trade deal, broad USD selling slowed while Mexican peso rose, yet MXN was unable to hold high ground.While the downside risk of a failed agreement has decreased,...

The US dollar was better bid against most of its peers on Wednesday morning as global stocks tread water. #The dollar index edged up 0.05% to 94.78 as the single currency tumbled on the 1.17...

Market OverviewTrade negotiations are still a factor for market moves as uncertainty remains over how Canada will respond to the apparent agreement between the US and Mexico. A failure for Canada to...

The US open failed to shake up what has been a fairly uneventful day of trading, the Dow Jones falling short of 26100 after the bell. Climbing 30 or so points, the Dow couldn’t reach that...

The US dollar is falling again today, for the third straight session. The fundamental drivers for this current decline are difficult to pinpoint.It could be Fed Chief Jerome Powell's remarks on Friday...

After losing ground against most of its peers yesterday, the US dollar paused on Tuesday as market participants re-evaluate whether there is further dollar weakness ahead.The dollar index fell more...

Market OverviewWe are in the midst of number of disputes/renegotiations over trade, leading to uncertainty over how global trade links involving the US might look going forward. Stresses on emerging...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The biggest story in the markets Monday was President Trump’s trade deal with Mexico. The S&P 500 hit a record high on...

At record highs, USD/INR is trading sideways since its rise above 70 in mid-August, easing back to 69.91 last Friday as US Federal Reserve Chairman Jerome Powell confirmed a “slow and...

EUR/USD The bias remains bullish Pivot (invalidation): 1.1590 Our preference Long positions above 1.1590 with targets at 1.1675 and 1.1700 in extension. Alternative scenario Below 1.1590 look for...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Fed Chair Jerome Powell’s comments at Jackson Hole sent the U.S. dollar lower against all of the major currencies today....