Currency Analysis & Opinion

GBP/USD: Trend Up? I dropped the bullet point above into mildly bullish last time because I was concerned about three things: 1) The Key Reversal Down on the day of the high at 1.3265, 2) The failure...

EUR/USD: Trend Up Last time I outlined three options for the market. These were centred around the brilliant Tines of the March - April Bullish Andrews Pitchfork which has been so effective in giving...

After another 'interesting' non farm payrolls report, we start the week on a quiet note as the US observes the Labour Day holiday and Canada day speaks for itself. Plenty of volatility to expect...

First, a review of last week’s forecast:EUR/USD. Recall that, although a quarter of oscillators were already signaling that this pair had been overbought, the bulk of them, supported by 100% of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar is strong and the market’s reaction to what was an unquestionably weak jobs report is a testament to its...

7th Consecutive Year of Weak August Labour Report; EUR/USD Holds Firm on ECB DisappointmentThe US created 156,000 jobs in August, lower than the 180,000 that analysts had been expecting. The...

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...

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...

To attribute yesterday’s correction in the value of the euro to the ECB is simply applying the perception of what they would like, to what actually happened. In fact, it is far from clear that...

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...

From being one of the strongest to one of the weakest currencies in space of two days. That’s right, the euro is actually falling for once. The single currency is partly lower because of the...