Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The single-most important theme in the financial markets this past week was risk aversion. The Dow Jones Industrial Average...

Received in the course of yesterday's US session, positive data from the US Department of Labor on the number of initial applications for unemployment benefits supported the dollar and increased...

Thursday’s release of minutes from July’s European Central Bank policy meeting resulted in a knee-jerk fall for the euro, as concerns were expressed over the possibility of the common...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was another day for the U.S. dollar where flows were dominated by Trump’s political woes. The greenback’s...

The euro has been the biggest faller among the major currencies today. The single currency was already down sharply before the release of the ECB minutes as market participants speculated that the...

For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.2894, following upbeat jobs report from the UK. Data showed that Britain’s ILO unemployment rate unexpectedly...

Earlier today, the latest UK jobs report showed that the unemployment rate dropped to the lowest since 1975, which pushed the British pound higher against the greenback. Despite this improvement,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The rally in the U.S. dollar unwound quickly Wednesday after President Trump disbanded his two business councils. The CEOs of...

GBP/USD pulled back from the August 3 high of 1.3267 and dropped sharply to 1.2845 area after failing in its attempt to break above 1.3444 resistance. On the upside The GBP/USD pair is now facing the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Between North Korea's decision to scrap its missile tests near the waters of Guam and overwhelmingly positive U.S. data, the...

The risk rebound continues in financial markets on Tuesday, as tensions between the US and North Korea appear to ease and investors gradually unwind their safe haven trades from last week.Gold Lower...

As the US dollar has cautiously begun what ultimately may become a bottoming-out and recovery after a prolonged period of weakness, the strong EUR/USD rally since the beginning of the year has begun...

Since establishing a two-year low just above the 1.2400 handle in late July, USD/CAD has formed a clear reversal pattern – a V-bottom – characterized by a sharp bullish reversal resembling...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With the violence in Charlottesville redirecting the Trump Administration’s attention on Monday, the lack of fresh...