Currency Analysis & Opinion

The Bank of England’s Super Thursday is finally here and the pound is, well, not really that excited at the time of this writing. If analysts have read Governor Mark Carney and his Monetary...

Forex Daily Technical Overview 2nd Nov 2017EUR/USD Intraday: continuation of the reboundPivot: 1.1625 Our preference: long positions above 1.1625 with targets at 1.1690 and 1.1720 in...

Market OverviewThe dollar is feeling the strain as Treasury yields drop back ahead of some huge fundamental events today. The FOMC came and went, almost in the blink of an eye. With December massively...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar ended the day higher against all of the major currencies despite a relatively subdued reaction to the Federal...

Though markets are not at all expecting the US Federal Reserve to make any substantive changes to monetary policy this afternoon when the FOMC meeting concludes, the general expectation is that the...

Today, the FOMC rate decision will take center stage and the forecast is for no change in policy. The consensus is supported by market pricing as well, with the implied probability for a hike at this...

The EUR/GBP took its sweet time but has now finally reverted back to its mean around the 200-day average circa 0.8750, as we had highlighted the possibility when it was still trading around the 0.92...

Mildly surprisingly ‘OK’ Chinese Caixin PMI data ahead of FOMC, new Fed Chair and the U.S. tax deal announcements, whilst the CME (NASDAQ:CME) gives its own historic announcement of the...

Market OverviewThe dollar and Treasury yields are beginning rise and regain ground again in front of a raft of potentially outlook defining risk events in the days to come, with tax reform and the Fed...

As my colleague James Chen reported earlier, the Bank of Japan left interest rates and monetary policy unchanged as expected, but the yen weakened nonetheless as it lowered its inflation projections....

The past several weeks have not been kind to the Canadian dollar. Less than two weeks ago, key Canadian inflation and retail sales data were released that were significantly lower than expected, which...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.On Wednesday we have the Federal Reserve’s second-to-last monetary policy announcement of the year and while no changes...

Overnight in Tokyo, the Bank of Japan left interest rates and monetary policy unchanged as expected, but lowered its inflation outlook. The 2017 inflation forecast was lowered to 0.8% from the...

Equities dropped a little yesterday alongside USD/JPY, while gold rose, following news that the investigators probing the Russian interference in the 2016 US election charged Trump’s ex-campaign...