Currency Analysis & Opinion

Market OverviewHaving navigated a way through a huge week of data and tier one economic announcements, forex markets are holding their recent trends and are still fairly stable. However, it is clear...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Like the Federal Reserve’s monetary policy announcement, the U.S. nonfarm payrolls report failed to help the dollar. The...

The most recent data from the UK service sector has done little to boost the near-term prospects for the pound, with the currency falling down below the 1.30 handle to retest last month’s...

Market OverviewThe trade tensions between the US and China still have the ability to drive markets. As the rhetoric has ramped up again from the US in recent days, with China feeling the need to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar appreciated against all of the major currencies today except for the Japanese yen. Better-than-expected jobless...

Dovish Rate Rise Sends Pound TumblingThe Bank of England voted unanimously to raise interest rates by 25 bps to 0.75%, the highest level in a decade. Following what appeared to be a hawkish rise,...

Today’s monetary decision is tough for the Mexican central bank. Inflation remains largely above the 3% target on one side but the economy still remains in shape on the other, and the peso...

In an unexpected move, US President Trump slapped Turkey with sanctions, in response to the detention of American Pastor Andrew Brunson. The effect in FX markets was sharp with USD/TRY breaking above...

An interest-hike of 0.25% expected later today from the Bank of England is already priced in. Unchanged at 0.50% since 2 November 2017, the hike is being pushed by hawks in majority in the...

The Bank of England’s eagerly-anticipated monetary policy announcement is due at 12:00 BST (07:00 EDT) today. As well a decision on interest rates, we will get to see the Monetary Policy...

Market OverviewThe Federal Reserve monetary policy announcement has done very little to change the outlook for future rate hikes. The Fed did make one small change to the FOMC statement, a slight...

The Fed kept interest rates unchanged, the benchmark interest rate of 1.75-2%. The Fed maintains its economic outlook and reiterates its support for a interest rate hike. The market expects the Fed to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The rally in the U.S. dollar fizzled following the Federal Reserve’s monetary policy announcement. The decline in the...

This evening the Federal Open Market Committee (FOMC) will conclude its 2-day policy meeting and gives its monetary policy rate decision. The Fed is not expected to make any changes to policy, for two...