Currency Analysis & Opinion

The dollar continues to remain under pressure in the foreign exchange market after publication on Friday weaker than expected inflationary indicators for the US in April.Weak inflation data provoked...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.To the frustration of anyone who believes that USD/JPY should be the purest pro-dollar-anti-dollar trade, the greenback moved...

Underscoring investors’ on-going insatiable appetite for risk, the benchmark stock indices in Germany and the UK hit new record highs today. The commodity-heavy FTSE 100 rose on the back of a...

EUR/USD German GDP (preliminary release) as expected. US Retail Sales and U.S. Core CPI (Inflation data) worse than expected. In its spring economic outlook, the ECB raised euro area GDP growth...

Market OverviewThe dollar fell sharply on Friday as downside surprises on key retail sales and inflation disappointed. Markets have showed signs of stabilizing a bit this morning but with little key...

Ambiguous macro statistics, received on Friday from the US, caused a decline in the dollar. The publication of key data on inflation and retail sales in the US in April, which turned out to be weaker...

Throughout the past month, the euro has had an incredibly strong run against the USD. With improving economic conditions in Europe, it only makes sense. However, some argue that the currency could...

Sterling exchange rates fell through Thursday and Friday following weaker than expected economic data releases on Thursday. The pound has had a pretty good run over the last few weeks due to political...

As we pointed out the possibility in our earlier report on gold, today’s US economic numbers have disappointed the somewhat optimistic expectations. As a reminder, CPI rose ‘only’...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.There’s a serious misalignment between U.S. data, market expectations and Fed speak. Friday’s U.S. economic reports...

Market OverviewWith safe havens starting to find support, there are signs that there is a hint of a near term turnaround as we move into the final trading day of the week. Equities on Wall Street are...

Today Germany welcomed preliminary data on GDP for the first quarter and consumer price indices for April that generally coincided with the forecast. Consumer prices rose in April by 2.0% (in annual...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Bank of England and Reserve Bank of New Zealand’s monetary policy announcements proved to be a big disappointment in...

Market OverviewGlobal markets remain cautious as traders continue to ponder the implications of the surprise firing of FBI Director Comey by President Trump. How does this impact on the prospects for...