Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The week of Thanksgiving is typically a quiet one for currencies because many U.S. traders are off for the whole week. Lower...

This week features the release of policy meeting minutes from three major central banks, which will include both the Reserve Bank of Australia and the US Federal Reserve. The RBA minutes from its...

The euro intensified its losses this afternoon, as investors voiced their displeasure over the lack of progress in the forming of a German government. A gloomy speech from German President...

This Wednesday 22nd November, the UK Chancellor will deliver his first full Budget. This is expected to be fairly unspectacular, with the main announcements already well flagged including: widening...

Failed German coalition talks weigh on EURThe single currency tumbled at market opening on Monday amid rising political tensions in Germany. The euro fell 0.60% against the US dollar and slid as low...

By Pinchas CohenOpposing Forces Struggle To Dominate The EuroTo an technical analyst, what’s going on right now with the euro is fascinating. The forces currently driving the common currency are...

The past week saw a drop for the US dollar as concerns about whether and when a new US tax reform plan would make its way through Congress initially weighed on both US stocks and the dollar.On...

First, a review of last week’s forecast:- Recall that, when giving the forecast for the EUR/USD, the overwhelming majority of experts (65%) supported the growth of this pair. In their opinion,...

Yesterday, the US House voted in favour of the Republican tax reform bill via a 227-205 vote. The vote marks a significant step towards finalising the highly-anticipated tax overhaul of the Trump...

• USD/CHF declining trendline has haltedprogress. The technical structure indicates further downside risks. The pair has failed to hold consistently above the parity. If the pair heads towards...

Rising growth, increasing inflation and lower unemployment are building a groundswell for the European Central Bank to tighten the euro.Last month the ECB said it will cut quantitative easing from...

Market OverviewWith the Treasury yield curve ever flattening, the dollar is back under pressure this morning despite signs of progress on tax reform in the US Congress. The House of Representatives...

Forex Daily Technical Overview 17 Nov. 2017GBP/USD Intraday: further advancePivot: 1.3175 Our preference: long positions above 1.3175 with targets at 1.3275 and 1.3300 in extension. Alternative...

Amid another relatively light week of economic data, Canada releases its Consumer Price Index inflation data on Friday morning, and expectations are not high. After missing forecasts for the past two...