Currency Analysis & Opinion

The USD ahead of the non-farm payrolls reportGoing into the non-farm payrolls report this afternoon, we see US Treasury yields pressured into the recent lows, with the benchmark 10yr note struggling...

The official US monthly non-farm payrolls report will be released on Friday, September 1. Due to the fact that some of the key leading indicators will be released after the NFP, it is even more...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Throughout this past week we have expressed our skepticism about the U.S. dollar’s rally. Investors were hoping for a...

By Pinchas CohenDollar traders received the best economic news in a long time yesterday, when US second-quarter GDP showed that the economy grew 3.0 percent, the fastest in two years, beating the 2.7...

The euro’s minor recovery on the back of stronger-than-expected eurozone inflation data this morning lasted only a few moments. After climbing to above 1.19 on news of an unexpectedly sharp 1.5%...

Today EUR/NZD gapped down at the opening of the market, slightly below the previous daily close (HLOC – H1 timeframe), and immediately started to rise with a Bullish Counter-attack.The...

Risk appetite is back on the table as investors cheered strong US economic data, whilst North Korea has become a distant memory. The finish in Europe yesterday was not quite so noteworthy, however the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar is on a tear but its gains may not last. Tuesday’s dramatic USD recovery left many investors confused...

Following big falls in some risk-sensitive assets on the back of North Korea tensions, a number of global stock indices and dollar currency pairs ended the session with impressive reversal-looking...

Where now for the euro?Are we entering the last phase of the euro rally? EURUSD seems to be getting altitude sickness above $1.20 but is this just a consolidation phase before another push higher, or...

There is no end to the prevarication of the UK or the intransigence of the EU.Brexit is proving to be an immovable force meets an unstoppable object. This is, of course, a paradox since if there were...

Market OverviewThe sharp move into safe haven assets seen during the early stages of yesterday’s session has unwound as forex markets have begun to settle down once more. Heightened geopolitical...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Has Euro Become the Favorite Safe Haven Currency? The last 24 hours has been marked by heightened volatility in the...

The US dollar’s selling had paused ahead of Jackson Hole Symposium last week, but then it accelerated again. That was until earlier this morning as since then the dollar has made a small...