Currency Analysis & Opinion

The euro has eased off across the board on a Bloomberg report that the European Central Bank may reduce its bond purchases to €30 billion per month from January and simultaneously extend the...

The US dollar has reversed gains as investors’ confidence in Trump’s tax reform fell again. After sliding as much as 1.50% since the beginning of the week, the dollar index consolidated...

Looking ahead to the US data releases this afternoon, there are some common themes to pick on, with the CPI rate set to rise on the boost in gasoline prices. Shortages and disruption in agricultural...

Forex Daily Technical OverviewGBP/USD Intraday: the upside prevailsPivot: 1.3220 Our preference: long positions above 1.3220 with targets at 1.3290 and 1.3345 in extension. Alternative scenario: below...

Market OverviewThe market remains dollar negative as the trading week draws to a close, with the key data points of the week as US inflation and retail sales set to be announced. The Fed minutes...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It has been a challenging week so far for the U.S. dollar. The greenback lost its value gradually against all of the major...

Earlier today, I took part in FX Street’s ‘Currency in Play’ broadcast on Core Finance TV covering EURUSD, EURGBP, GBPUSD, USDZAR and Bitcoin with some topical market...

Although the GBP/USD has risen over the past few days, other pound crosses have been fairly quiet, suggesting that the cable’s gains have been driven primarily by weakness in the dollar rather...

Forex Daily Technical Overview 12 Oct 2017GBP/USD Intraday: the upside prevailsPivot: 1.3210 Our preference: long positions above 1.3210 with targets at 1.3290 and 1.3320 in extension. Alternative...

There is scant chance that the euro will breach CHF 1.20 before the European Central Bank meeting on monetary policy of 14 December, but after that? A crawl-back to 1.20 – which the Swiss...

The US Federal Reserve released minutes of its September FOMC meeting on Wednesday, and the message was partly a reaffirmation of a widely-expected December interest rate hike, despite the Fed’s...

On the surface, the USD/JPY’s long-term weekly chart looks bearish. After all, it has been putting in lower lows and lower highs since it peaked out in June 2015.More recently, it made a high...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The September Federal Reserve minutes failed to impress and while USD/JPY held onto its gains, the greenback fell sharply...

Looking to the FOMC minutes tonight, much focus will be on the broader views on inflation, which has elevated itself to the top of the priority list now that the US is near full employment.Whilst the...