Currency Analysis & Opinion

For the best part of the last three months EUR/USD has tried and failed to crack the 1.2530 level with little in the way of success, failing and retreating on each of five occasions. Speculation about...

EUR/USD Consolidation below 1.25 EUR/USD is starting a consolidation phase along the 1.2440 range, just below hourly resistance at 1.2506 (25/01/2018 high). Hourly support remains at 1.2165...

The short term bearish trend starts showing hesitate downside move and lack of sufficient momentum to continue its downward. Our E.W count suggests the end of an extended wave (3) [5 sub-waves] at...

Market OverviewDuring times of elevated volatility driven by increased investor fear, markets will often tend to over-react somewhat. Falling sharply and almost precipitously on Friday amidst increase...

While markets at the start of this shortened trading week continue to be preoccupied by political concerns and the threat of a potential global trade war, most notably between the world’s two...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.One of the best performing currencies today was the euro, which rose to its strongest level in 5 weeks against the U.S. dollar....

Market OverviewNews flow and political risk have been the key drivers of financial markets of recent weeks, with one man seemingly the common denominator, Donald Trump. One over-arching theme is also...

Over the past year or so, we have seen the EUR gaining from strength to strength, pushing hard against the USD which in the current climate seems to be getting little reprieve from the political...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Three central-bank rate decisions and a long list of important data were completely overshadowed by trade tensions this past...

Market OverviewRisk appetite has plummeted as fears over protectionism and a trade war between the world’s two largest economies have taken hold. Yesterday, Donald Trump signed a memorandum on...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Currencies and equities extended their losses Thursday as the U.S. prepares to take on China in what could spiral into a very...

Today's BoE meeting looks to be well covered, much in the same way as the FOMC last night, when the market reacted to the lack of clear direction for 4 hikes this year.For the UK, a May hike from the...

Market OverviewAlthough the Fed raised rates by 25 basis points yesterday, along with a strengthening outlook on the FOMC statement, the reaction of the market seemed to suggest there was something...

Dollar falls despite US rate rise; BoE in focusAs the market expected, Jerome Powell delivered a 25 basis point rate hike, yet rather than sending the dollar higher we saw a distinctly dovish market...