Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve did exactly what the market anticipated but unfortunately that was not enough. The U.S. dollar sold off...

EUR/USD pulled back towards the 1.1600 level early on Wednesday, ahead of the potentially pivotal Fed statement to be issued later in the day at the conclusion of this week’s two-day FOMC...

The market’s focus will be on the FOMC later on today. Investors will be fully anticipating the Fed to come across as more dovish than hawkish. But that view may already be priced in, so it will...

GBP/AUD recently reversed up from the accumulation area around 1.6290, reacting to opening level of the previous bullish order block from March 27th.This morning GBP/AUD opened up around the previous...

Market OverviewThere has been a significant jump in Treasury yields ahead of the FOMC meeting. This is now having an impact on the dollar which is looking to build a near term recovery. The dollar has...

The US dollar has weakened substantially in recent weeks and months, mostly as a result of lowered expectations for higher interest rates from the Federal Reserve. As usual, the Fed has been giving...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors continued to take off short USD/JPY positions ahead of Wednesday’s Federal Reserve announcement and given the...

Necessity is the mother of inventionMarket analysts whose main role is to drive traffic to their employer’s website or trading platform often feel the pressure to add importance or credence to a...

For the past several weeks, a weakened US dollar that has been weighed down by doubts surrounding an increasingly dovish Federal Reserve has helped push up other key currencies, particularly those...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar started the week firmer against many currencies including the euro, Japanese yen and New Zealand dollar. After...

Last week I asked whether it was end of days for the USD, based largely on the fading set of US economic data, which in fairness happens in times of a 'gradual' recovery: going through the familiar...

The eurozone flash PMIs released this morning were mostly weaker than expected. Yet there was little reaction in the EUR/USD, which actually started to come off the lows having started the day on back...

Prime Minister May has served her purposeThe UK Parliament has reached summer recess without the need for a further general election. That minor victory, it seems, was all that was expected of Theresa...

First, a review of last week’s forecast:- The main view on EUR/USD was that it would break through1.1500 and grow to the 2016 high at 1.1615. The next target would then be the maximum of August...