Currency Analysis & Opinion

Market OverviewThere has been a decisive negative shift in sentiment as traders take a more cautious outlook which is driving equities lower and helping to bolster support for the safer havens such as...

Earlier, data from the ONS showed consumer price inflation in the UK rose to its strongest level in nearly three-and-a-half years to 2.3%. The pound’s reaction was swift. The GBP/USD jumped to...

The Trump Trade on the RopesThe markets were looking rather positive for risk when I clocked out yesterday, as election fears in France subside after a steady performance from Macron. It all went...

Inflation crashes through government targetThe MPC’s forecast that inflation in U.K. would peak at 2.8% appears in tatters this morning following the release of producer and consumer price...

Market OverviewFinancial markets seem to have entered a rather quiet phase of trading, however the euro is performing well after a positive performance from Emmanuel Macron in the first live French...

Centrist Candidate Emmanuel Macron struck the first blow in the run up to the French Presidential Election last evening.In most commentator’s minds, Macron the popular centrist candidate won the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Compared to the last 2 weeks when there were a number of central bank rate decisions and other key events, this SHOULD be a...

The government has confirmed that Article 50 will be triggered on Wednesday 29th March, just before Theresa May’s self-imposed deadline of the end of Q1. This means that we will leave the EU,...

Back to the data (with a sprinkling of politics)Every week the foreign exchange market seems to change its focus. Two weeks ago, we were anticipating the release of several policy defining pieces of...

Last week was thrown off guard due to the Prime Minister announcing she would not trigger Article 50 until the end of the month. Many investors responded by selling off the pound and driving the price...

First, a review of last week’s forecast:- The first part of the forecast for EUR/USD talked about the fall of the pair to 1.0600, which ended up happening by Tuesday evening. The fate of its...

The price of oil has somewhat stabilised this week after falling sharply the previous week. My colleague James Chen yesterday summarised all the fundamental aspects of oil currently in play in his...

Single dissenter pushes pound higherAn entirely predictable single vote in favour of a rate hike at this week’s MPC meeting gave the pound a welcome boost. Sterling closed the week at 1.2396 a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Who would have thought that when the Federal Reserve raised interest rates by 25bp, the U.S. dollar would tank? But that's...