Currency Analysis & Opinion

Friday's much stronger-than-expected industrial data from the UK suggests economic activity maintained a significant amount of momentum at the end of last year. But there wasn’t much of a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After nearly a month of losses, the U.S. dollar ended the week steady to higher against all of the major currencies. U.S. data...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thanks to President Trump’s promise to announce “something phenomenal on taxes in the next 2 to 3 weeks,” the...

Key Points: Turning point of the ABCD wave appears to have been reached. Most technical readings are indicative of a near-term decline. Brief ranging phase could come into effect this week. The...

Market OverviewFinancial market sentiment continues with an uncertain outlook as forex and equities struggle for decisive direction and even the key breakouts on the safe haven assets are...

The US dollar has extended its bounce that began at around the start of the month as the Dollar Index’s stay beneath 100 proved to be temporary. Consequently, the EUR/USD, GBP/USD and basically...

Growth in the Eurozone is picking up, unemployment is falling and inflation is accelerating towards the European Central Bank’s 2 percent target. Within the Eurozone however, inflation is higher...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The big story in Monday's foreign-exchange market was USD/JPY and its quick slide below 112. The currency pair has fallen 5 out...

BTC/USD: After the rollercoaster ride last month and the indecisive long legged doji cross on the monthly chart, it is nice to see the recovery continue and last week making new highs each day for the...

USD/BRL: A number of failures by this market but ones that were telegraphed, though sometimes obtusely. Last time when I was analysing the daily chart two months ago, I was looking to see a move up...

AUD/USD: Two months ago when I last reviewed the daily chart I had the idea that the mid Nov 2016 – mid Dec 2016 action was possibly a bear flag and that we were likely to go lower. I even...

I was very concerned last time I wrote on the daily chart two months ago that despite every indicator saying higher. My experience was nagging me to move the bullet point above away from full bullish,...

EUR/USD: Last month I gave a longer term view and did not use the daily chart above. Two months prior gave a review of the daily chart and it ran something like this …the action on the 30th was...

EUR/GBP: Much like Cable, I could have chosen an easy option and written that the market was neutral. Despite Jan’s aberration on the upside, we are moving sideways centred on the Nov 2016...