Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With the Dow Jones Industrial Average rising more than 400 points, it was a great day for currencies. All of the major...

The Turkish lira rebounded Tuesday from its record low Monday, but the crisis is far from over. The USD/TRY’s decline of more than 40% since the beginning of the year is hitting other emerging...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After a one day reprieve, investors returned to buying U.S. dollars. The greenback is on a tear, rising to fresh 1-year highs...

Market OverviewThere has been a much needed pause for breath across financial markets this morning as the selling pressure on the Turkish lira has just seemed to abate, allowing traders to take stock...

Just when you though it was safe to invest in an asset that made sense, be it forex, bonds or stocks, fear and contagion has suddenly appeared, and in under 48-hours has severely bullied emerging...

Market OverviewThe fear of contagion is gripping financial markets once more and traders are moving out of risk and into safer haven areas once more. Whether the economic turmoil that is gripping in...

First, a review of last week’s events:- EUR/USD. No matter how you see President Trump, the US economic policy demonstrates obvious success. Forecast for the US GDP in 2018 grows together with...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The meltdown in the forex market on Friday is a reminder of why you shouldn’t be sleeping at the wheel in the month of...

Market OverviewThe politics of how the US is taking an increasingly belligerent stance across a number of its international relations is having a broadening impact on financial markets. Aside from the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against all of the major currencies Thursday despite softer-than-expected inflation data....

After a sharp slide, the pound has finally caught a bid today. While it is too early to suggest that a low has been hit, today’s rebound is certainly a welcome relief for the pound bulls. The...

Market OverviewThe dollar bulls have just had some of their energy sapped in the last couple of sessions as the Chinese yuan has engaged something of a near term recovery. It is notable that moves on...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.These days, all of the action in the forex market seems to be driven by the moves in Asia. On Tuesday night, the Japanese yen...

As mentioned in my earlier report, it is not just the dollar which has fallen against the euro today. The EUR/GBP, for example, has hit a new high on the year as the pound remains under pressure owing...