Currency Analysis & Opinion

The Canadian dollar plunged on Friday, following the release of Canada’s inflation data for September. Even though the headline CPI rate rose as expected, the core rate ticked down, indicating...

First, a review of last week’s forecast:- Last week, we were unwilling to give any forecast for EUR/USD pair. Our reluctance proved to be well-founded. Recall that there was a complete discord...

In an otherwise relatively light week for global economic releases, the week ahead will be dominated by two major central bank decisions – the Bank of Canada (BoC) on Wednesday and the European...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar ended the week sharply higher after previous uncertainties never manifested. President Trump has yet to select...

The market has spent much of this year unwinding a structural short EUR position. Bank analysts have shifted to a bullish long-term EUR view, ECB QE taper is largely priced-in, the political risk gap...

Underscoring investors’ insatiable appetite for risk, Japan’s main Nikkei index rose for the 14th consecutive day, which was one the longest winning streaks ever recorded.The USD/JPY,...

Today we covered EURUSD, EURGBP, GBPUSD, USDJPY and Bitcoin with some topical market banter.My analysis at FX Street’s ‘Currency in Play’, broadcast on Core Finance TV,...

The AUD/NZD enjoyed a massive rally yesterday, rising a good 270 pips from the low to the high. It all started with stronger-than-expected employment data from Australia, which helped to boost the AUD...

Despite recent geopolitical risks in Europe posing potential threats to the euro, the common currency has managed to remain relatively resilient against its major counterparts, including the US dollar...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday was an exceptionally active day in the foreign-exchange market with many major currency pairs unwinding...

This week’s UK economic data were far from impressive but at the same time not exactly abysmal either.The mixed-bag domestic data and ongoing Brexit uncertainty has caused the pound to take a...

The New Zealand dollar took a hit on Thursday, falling more than 1.70% against the US dollar as investors reacted to the outcome of the coalition government.The Kiwi started to tumble around mid-day...

The deadline for Catalonia to provide clarity on independence declarations has come and gone.In the eyes of Madrid, the lack of a response was the same as Catalonia maintained in its demand for...

The Kiwi traded lower during the early European morning Thursday, following the announcement that New Zealand’s next government will be a Labour-New Zealand First coalition. The outcome hinged...