Currency Analysis & Opinion

GBP/USD Rallies As Market Undigested FOMC Statement, Eyes on MPC VoteGBP/USD made a reverse turn yesterday and rallied 118-pips after clocking 1.3428 high as market was anticipating a hike by the Feds...

Market OverviewThe outlook for the dollar has taken a hit over the past 24 hours and now seems to be at a near term crossroads and inflation could be the driver. The main catalyst has been a weaker...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve raised interest rates by 25bp Wednesday and instead of rising, the dollar sold off aggressively against all...

There is little to add to the current narrative which is that the FOMC is expected to hike rates by 25bps this evening, lifting the Fed funds rate to 1.5%. Beyond this, the dot plot is also unlikely...

The US dollar ended higher for the fifth consecutive day on Tuesday ahead of key fundamental events from the world’s largest economy over the next 30 hours or so. It all started with the release...

More inflation disappointment drove the dollar lower this afternoon, as investors process what the latest data means for this evening’s Federal Reserve statement. Though the headline number...

EUR/USD edging lowerEUR/USD's bearish momentum is very strong. Hourly resistance is given at 1.1961 (27/11/2017 high). Hourly support given at 1.1713 (21/11/2017 low). Expected to show continued...

The SNB is not moving, unwilling to disrupt the markets' current narrative. From the SNB vantage point, macro and domestic conditions are in a sweet spot for current policy. Inflation rates have...

Much like with Tuesday’s inflation reading, the pound could only get a minor boost from Wednesday’s jobs report. Though there were some positives in the latest jobs figures, namely the...

2016 turned out to be a bit of a shocker for the pound which had its worst year since 2008, falling 16% against the US dollar and 11.5% against the euro, as a result of the outcome of the Brexit...

Interest rates are one of the most important leading indicators to which most people (retail traders, governments and even federal banks) pay special attention.If we look back in history we can see...

Davis stirs the potThe only lasting agreement in place between the U.K, and EU is that they agree about virtually nothing. The comments from Brexit Minister David Davis yesterday that the agreement...

On Tuesday, with markets all but certain that the Federal Reserve will raise interest rates by at least 25 basis points on Wednesday at the conclusion of its heavily anticipated FOMC meeting, the US...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against most of the major currencies today ahead of Wednesday’s Federal Reserve announcement...