Currency Analysis & Opinion

EUR/GBP: Trend Up? At my last annual review in Dec 2016 I had the bullet point at Bullish as at that time (much like now) the MAs were all pointing higher. It was my cautious nature that tempered the...

GBP/USD: Trend Down? Back in Dec 2016 I wrote of two things that would stop the decline further to what seemed at the time to be a huge Bearish Halfway Hesitation with a target at 'X' on the Monthly...

EUR/USD: Trend Up? I wrote back in Dec 2016: If we see a similar propensity for a try lower in Jan 2017 then we could see the start of the next phase in this market - the 2nd leg of a Bearish Halfway...

This forecast has been written on Saturday, 30th December, right before the new year of 2018. As per tradition, before forecasting what will happen next year, we first draw conclusions about what has...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.2017 marked the worst year for the U.S. dollar in more than a decade with the Dollar Index falling over 9%. The last time it...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After consolidating for 4 to 5 trading days, we’ve finally seen some relatively strong moves in the FX market (at least...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The end of year anti-dollar rally continued Wednesday with EUR/USD hitting 1.19, GBP/USD breaking through 1.34 and the AUD/USD...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It is the last trading week of 2017 and so far we see no love for the U.S. dollar. The greenback traded lower against all of...

Who won yesterday’s election – the Catalexit crowd or the Remain-in-Spain supporters? It’s not clear! Both sides are claiming victory, and the parliament is split. Separatist parties...

Negatives buildingThis morning’s confusing GDP data in the U.K. is a mask for the underlying issues that are going to face sterling in the New Year. I cannot see any good reason to buy the pound...

GBP/JPY Daily OutlookDaily Pivots: (S1) 151.30; (P) 151.61; (R1) 151.95 With 150.36 minor support intact, intraday bias in GBP/JPY remains mildly on the upside for 153.39. Break will resume medium...

Market OverviewMarkets are settling into something of a consolidation phase as traders wind down for the holiday period at the end of the year. However that is not to say that markets are lifeless. A...

EUR/USD Dips Over Spain's Political Uncertainty, Eyes On U.S DataEUR/USD received a punch on Friday's trading sessions as the Catalan election is making major headline news with increasing pace...

GBP/USD: Still Struggling To Break The 1.3400 Handle Ahead of UK DataGBP/USD still trading dull through the week with failure to close above 1.3400 level, trading flat with consolidation congestion....