Currency Analysis & Opinion

Forex Daily Technical Overview 31 Oct 2017GBP/USD Intraday: the bias remains bullishPivot: 1.3165 Our preference: long positions above 1.3165 with targets at 1.3235 & 1.3280 in...

The Swiss National Bank published interim results for the first three quarters of the year. After mixed mid-year results - the SNB reported an interim profit of CHF 1.2 billion - the last update...

As was widely expected the BoJ held its policy strategy unchanged. The vote was 8-1 with the lone dissenter (policy board member Goushi Kataoka) voting for additional easing measures such as examining...

There was nothing spooky about Europe’s third quarter growth rate today, GDP rose to a 2.5% annual rate in Q3, the highest levels since 2011, and the unemployment rate fell to a fresh 2009 low...

Market OverviewWith the political pressure mounting on Donald Trump, traders have made a slight shift away from the US dollar in the early part of the week. The US Trade Weighted Dollar Index breaking...

After hitting 1.1711 against the Swiss franc, its highest level since the SNB removed the 1.20 floor, EUR/CHF started to reverse gains in the wake of last Thursday’s ECB meeting. Mario Draghi...

The pound has started the new week on the front foot after it managed to come off its worst levels against the dollar on Friday. Against the euro, it closed higher for the third straight session on...

The big news this morning is Spain. After an escalation of the Catalan crisis on Friday, Spanish markets are in recovery mode at the start of this week. Although this is a fluid situation there are a...

Last week was a very good one for the US dollar, which broke out against a number of currencies, most notably the euro after a dovish taper of QE by the ECB. Friday’s stronger-than-expected US...

The lower political risks could bring back the risk appetite to the US equities investors, after a knee-jerk correction last Wednesday.As the prospects of having considerable tax cuts can bolster...

The week ahead will be an exceptionally busy one in terms of key macroeconomic events and data releases. Most importantly, the US Federal Reserve, Bank of England, and Bank of Japan will be announcing...

First, a review of last week’s forecast:- As the opinions of analysts were split 50/ 50, we had decided not to give a clear forecast for EUR/USD for the second week in a row. In terms of what...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a great week to be long U.S. dollars. The greenback traded higher against all of the major currencies. The Australian...

Good U.S. earnings numbers after yesterday's close translated to stronger Asian markets…except in Australia, where they have their own specific issue.Watch my FX and Bitcoin broadcast at CME...