Currency Analysis & Opinion

On Wednesday, the last day of an atypically volatile February, stocks continued to struggle and fluctuate in the aftermath of a broad-based sell-off a day earlier that was driven by new Fed Chair...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Euro, sterling and the Canadian dollar ended the month of February at their lows. The Swiss franc, Australian and New Zealand...

A bout of Brexit nerves gripped the pound on Wednesday afternoon, a shift lower that helped erase the FTSE’s own losses. With the European Commission releasing its draft Brexit agreement –...

I am not going to bore you with Brexit again but it is continuing to dominate the domestic headlines.The EU has published a draft Brexit treaty today, in which it has proposed a 'common regulatory...

Below you will find a technical analysis on the major forex pairs: AUD, CAD, CHF, EUR, GBP, JPY, NZD

The US dollar rose across the board yesterday afternoon as the new chair of the Federal Reserve made some hawkish comments during a congressional testimony. Jerome Powell revised his assessment of the...

As the US dollar remained elevated on Tuesday in the aftermath of Federal Reserve Chair Jerome Powell’s hawkish statements in front the US House Financial Services Committee, USD/CAD broke out...

New Federal Reserve Chair Jerome Powell began his highly anticipated testimony in front of the US House Financial Services Committee on Tuesday, and his initial remarks sounded a distinctly hawkish...

Following comments from new Fed chair Jerome Powell the markets seriously lacked a sense of direction this Tuesday – that is, all bar the dollar, which was more than happy with what it...

EUR/USD Pausing before another leg higher EUR/USD is turning positive, heading to hourly resistance at 1.2434 (06/02/2018 high). Hourly support remains at 1.2165 (17/01/2018 low). The technical...

Market OverviewForex traders seem to be sitting on their hands now as the major pairs consolidate ahead of a raft of key economic data releases in the coming days but also the first Congressional...

The US dollar turned positive against a number of foreign currencies after opening the new week lower. There wasn’t any news out to support it. But after the recent strength in US data, it is...

Italy’s upcoming general election, slated to be held next weekend on March 4th, has garnered far less market attention than its French or German counterparts had last year, and perhaps for good...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Federal Reserve Chairman Jerome Powell’s testimony on the economy and monetary policy is the most important event risk...