Currency Analysis & Opinion

Key Points: Cable likely to be impacted by NFP result. Market struggling for data points ahead of FOMC meeting. Watch for volatility around the US NFP and UK NIESR GDP results. The cable had a...

Following the confirmation of Article 50 (March 15th) and the back and forth between the House of Commons & House of Lords last week, the only thing left to weaken off the pound was economic data,...

The Australian dollar is going to be in focus next week. Retail sales will be released on Monday while the Reserve Bank of Australia will be making a decision on interest rates a day later on Tuesday....

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What a great week it has been for the U.S. dollar! The greenback took in gains against all of the major currencies, rising more...

Forex Technical Levels Ahead Of Yellen Speech Fundamentals: Markets, analysts, and traders are all poised ahead Fed chair Mrs. Yellen speech today at 6:00 PM GMT and what would result from her speech....

Inflation has made a dramatic return in the Eurozone. In February, the headline CPI measure rose to 2.0% year-over-year, accelerating from 1.8% in January. For the third consecutive month, this was...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.For the past few weeks, our daily notes have focused on the U.S. dollar because the market’s appetite for greenbacks...

Gold Maintains High Levels Despite Strong US DollarGold has successfully sustained high levels even though US Dollar is back with the bully tone. XAUUSD peeked this week to 1263.95, highest level...

Market OverviewThe dollar remains strong as yet further hawkish comments from a Fed speaker seems to be laying the groundwork for a March rate hike by the FOMC. The comments from Lael Brainard (who is...

In addition to Trump’s speech, we had some important economic data out of Asia overnight. Specifically, from Australia and China. In Australia, the fourth quarter GDP came in at 1.1%. This was...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Dollar bulls were back in control Wednesday with the greenback trading higher against all of the major currencies. USD/JPY...

The dollar has surged higher today. I don’t think the trigger was Donald Trump’s speech, because that was short on detail. Instead, it is the sharp rise in the probability of a Federal...

The sharp drop in the price of oil has weighed heavily on the oil-linked Canadian dollar today. The USD/CAD has surged above 1.3200 handle and was heading towards 1.3280 resistance at the time of this...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another topsy-turvy day in the foreign-exchange market with the U.S. dollar spending most of Tuesday trading lower....