Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday's best-performing currency was the Canadian dollar, which shot higher against all of the major currencies on the back...

Good news for Canadian dollar, but not that good for US dollarIn today's session, we awaited news for the US dollar (GDP) and Canadian dollar (Retail sales and CPI - consumer price index). The...

The greenback continued to weaken for three straight sessions, as traders rotated into EUR and emerging market currencies.Trump's tax cut positive effect on equities is beginning to fade. Improvements...

EUR/USD Buying demand increasesEUR/USD's short-term bearish momentum has abruptly ended and the pair is now moving higher. Hourly resistance given at 1.1863 (14/12/2017 high) has been broken. Hourly...

Today's key data comes from North America, which makes the USD/CAD one of the main charts to watch. At 13:30 GMT we will have the latest Canadian CPI and retail sales figures, as well as the final...

Market OverviewTax reform has now passed through Congress and is now in the hands of President Trump to sign. Quite when he does sign the bill into legislation is anyone’s guess. It is...

Rotation into Bitcoin Cash and other coins hits Bitcoin itself. Meanwhile the U.S. House of Representatives will need to vote again on the Tax Bill as amended by the U.S. Senate…plus a look at...

The GBPUSD pair trend is bearish in the near term as the pair is down from 1.3550 to 1.3300 during the last three weeks and during this decline, GBPUSD broke the medium term uptrend line that started...

EUR/USD edging higherEUR/USD's short-term bearish momentum has abruptly ended. Hourly resistance is given at 1.1863 (14/12/2017 high). Hourly support given at 1.1718 (12/12/2017 low). Expected to show...

The total holdings of the Bank of Japan is now standing at all-time high. Japanese quantitative easing has sent the level of debt rocketing and thus, debt higher because of the massive quantitative...

Market OverviewPresident Trump is on the brink of his first major legislative victory as the Senate passed the Republican tax reform bill in the early hours of this morning. One final vote in the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With the year drawing to a close, FX traders are finally enjoying the risk-on rally that equity traders coasted on throughout...

As mentioned in my earlier post, trading is likely wind down ahead of Christmas, but there are a number of currencies which may experience increased levels of volatility from time to time this...

The markets have slipped into a bit of a lull this Tuesday, with the tax bill- boost dissipating as the morning went on. Unlike its eurozone peers the FTSE managed to eke out some growth, rising 0.2%...