Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Of all the central bank monetary policy announcements this week, the outcome of the Federal Reserve’s will be the least...

On Tuesday, the Australian Dollar continued rising against the USD. The reason is not only the weakness of the American currency in anticipation of another US Federal Reserve meeting, but the...

EUR/USD breakout hopes boosted as EZ inflation hits highest since 2012The euro was again the strongest currency among the majors this morning, rising most notably against the yen after the Bank of...

Today’s schedule of Eurozone economic data publications is heavy. The big question is whether this will prompt large moves in the single currency or not. According to expectations, June...

Market OverviewAlthough there is still very little direction to be found on forex markets, it is interesting to see bond markets reacting to the Bank of Japan monetary policy decision from earlier...

The yen is facing an important moment this week as the Bank of Japan may cut back on purchases of its bonds to stabilize yields.Since September 2016, the BOJ has purchased all of the country's 10-year...

Market OverviewWe begin a big week for financial markets on a very quiet note, with traders appearing reluctant to take a view ahead of a raft of major central bank decisions and tier one economic...

First, a review of last week’s forecast:EUR/USD. The past seven days, like the previous one and a half months, did not bring any significant events, and the market is in a lazy-holiday mood...

Brexit negotiations continue with Theresa May taking control of discussions. As communicated on Tuesday in a ministerial statement, PM May has taken full responsibility for the negotiations with the...

Euro Zone Looking Weak This morning participants digested the latest French GDP data for the second quarter, in which both the Q/Q and Y/Y readings underwhelmed expectations due to a series of strikes...

Market OverviewThe positive medium term outlook for the dollar has been tested in recent sessions, but the reaction of the market yesterday would suggest that the bulls are not ready to give way quite...

Price action on the NZD/CAD looks quit heavy and a breakdown appears imminent. Market participants are showing preference for the Canadian dollar following the Bank of Canada’s recent interest...

Now that Trump and Juncker are friends again, as they pledge to de-escalate the trade crisis, the spotlight will inevitably fall on today’s ECB meeting. Even though the agreement triggered a...

Market OverviewMarkets are cheering the agreement that was seemingly struck between the US and the EU over trade yesterday. Donald Trump and Jean Claude Juncker have agreed to aim for zero tariffs on...