Currency Analysis & Opinion

EUR/USD The upside prevails Pivot (invalidation): 1.1480 Our preference Long positions above 1.1480 with targets at 1.1575 and 1.1600 in extension. Alternative scenario Below 1.1480 look for further...

Market OverviewWith the recent strength of the dollar, as sure as night becomes day, Donald Trump starts talking about currency manipulation. It was just a matter of time. In an interview with Reuters...

Like a child caught between warring parents, the US dollar struggled on Tuesday as President (of the United States) Donald Trump criticised Chairman (of the Federal Reserve) Jerome Powell’s...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar started this new trading week with another day of losses. The greenback either held steady or extended its slide...

The second full week in August was another good one for the US dollar.The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see short...

The Turkish lira is the worst performing currency in the FX space today after a spokesman for the German Chancellor ruled out financial assistance for Erdogan’s government. Considering today...

Trading sideways against the greenback since June in the 1.16 range, EUR fell most during last week’s Turkish lira collapse. Despite growth and improving sentiment indicators, the single...

Fear of a Turkish currency crisis is now fading. Threats of additional US sanctions on Turkey have had a muted effect; TRY is regaining lost ground. Most currencies are higher against the USD as...

Market OverviewIt is likely that trade tariffs are going to be a dominant theme for the coming days. With US/China talks set to resume this week, the two countries are also expected to formalise a...

First, a review of last week’s events:EUR/USD. Most analysts (60%), supported by graphical analysis and indicators, expected the pair to fall to the 1.1120-1.1300 zone. And indeed, the pair...

This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The second full week in August was a good one for the U.S. dollar. The greenback extended its gains against most of the major...

Friday August 17: Five things the markets are talking aboutGlobal trade worries have not disappeared, they are just on hiatus, as market participants prefer to regroup and strategize in this...

Market OverviewVery little has changed in the trade dispute. Yesterday we saw a risk rally, born out of the announcement that low level officials between the US and China are set to meet again at the...