Currency Analysis & Opinion

The market’s main focus remains fixated on developments in Washington.The dollar has started the new week on the back foot as US politicians failed to break a stalemate on a stopgap bill needed...

Things remained rather quiet as the morning went on, with the European indices erasing their early losses and not much else. Over on the forex markets the main driver remained the US government...

The Bank of Japan will keep its policy unchanged for now. Positive price momentum gives the BoJ coverage to keep policy unchanged, despite speculation of premature normalisation. However, the BoJ is...

Market OverviewWith the US Congress failing to agree on a funding extension, the US Government has had to shutdown non-essential services over the weekend. This standoff on Capitol Hill is now into a...

Below you'll find a technical analysis on the major forex pairs from Live Trading Room: AUD, CAD, CHF, EUR, GBP, JPY, NZD, DXYEnjoy

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This past week, many major currencies climbed to fresh multi-month and multi-year highs against the U.S. dollar. The Australian...

Despite continued weakness in the US dollar on Thursday, USD/CAD was stuck in a relatively tight range due to hesitancy and uncertainty regarding the Canadian dollar after the Bank of Canada’s...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementAs the week draws to a close, politics is in central focus. There are two big deadlines looming – a potential U.S....

EUR/USD Pushing higher EUR/USD is slightly increasing after yesterday's downward pressure. Hourly resistance is given at 1.2297 (15/01/2018 high). hourly support is located at 1.2190. Stronger support...

It has been a quiet week so far for the Australian dollar. The Aussie economic calendar was relatively light, while market participants mostly focused their attention on Trump comments and fears about...

Pricing elasticity stretched to the limitThere is little tangible that can be put forward as the reason for the rise in the value of sterling almost in one direction since the agreement of the EU...

For the second day in a row, the heavily-battered US dollar index showed signs of rebounding and rallying from extreme lows early in the day, only to pare those gains and dip into negative territory...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We haven’t seen this type of volatility in the foreign-exchange market in weeks. In the last 24 hours, trading ranges...

Below you'll find a technical analysis on the major forex pairs from Live Trading Room. AUD, CAD, CHF, EUR, GBP, JPY, NZD, DXYEnjoy