Currency Analysis & Opinion

The USD tempted the market with a potential pullback on Friday after another decent month of US jobs growth and slightly stronger than expected wages. However, Monday blues have set in and the buck is...

The GBP/USD suffered a double whammy during the last two days of last week, resulting in a 245-pip drop from the week’s high to the low. First it was the Bank of England on Thursday, which came...

Today EUR/NZD gapped up at the opening of the market and then traded sideways up until the publication of the New Zealand Inflation expectations (2.1% after the previous 2.2%): from there, the...

After laying the case for all three states of the market last time, I finished by writing: I'm sill not totally convinced of the case for the upside but suggest mildly bullish is better than the...

I wrote last time: One can't help but feel that the market is accumulating ammunition before a move...and the Medium MA (currently 65.0377) will be the first real test in July as it is sill falling...

Immediately following the last report we saw prices head off lower and then sideways thus giving cause to the then neutral bullet point and the neutral case itself. This did not last as we formed a...

Last time, I moved the bullet point above into mildly bullish because though we had a Golden Cross on the MAs in the previous month and another about to happen (which did this past month). The Monthly...

With such a rampant bullish market in recent days...new 2017 highs, all Moving Averages pointing higher, et cetera....why did I still leave the bullet point above (though bullish) with a question...

We got some encouraging signs from the latest US payrolls report on Friday, with the earnings component edging up to 0.3% on the month, to lift the year on year rate to 2.5%. Even so, this is one...

First, a review of last week’s forecast:60% of experts called the 2015 maximum at the height of 1.1870 as the nearest target for EUR/USD, the pair reached it on Wednesday. As for a longer-term...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.2017 has been defined by strong, exaggerated moves in many major currencies and after months of relentless uptrends, we are...

Once again we come to the US employment report, with the market looking for some revival in wage growth. Having consistent forecast a m/m move from 0.2% to 0.3%, we have failed to generate this, with...

Employment figures from both North American nations will be released later on today and for that reason the USD/CAD could be in for a wild ride. Given the mostly negative leading indicators, most...

The leading indicators for US nonfarm payrolls report have been mostly weaker than expected, not least the employment component of the ISM non-manufacturing PMI, which was released on Thursday....