Currency Analysis & Opinion

Many investors may be wondering why EUR/USD verticalized after the Italians voted against Prime Minister Renzi’s Senate reforms, especially after EUR/USD dropped within a few pips of 1.05. We...

Well, no one can say that they didn’t see that coming. After Brexit and US elections, stocks rallied hard after an initial wobble. The same, albeit to a lesser degree, has now happened in stocks...

Market OverviewMarket sentiment has been rattled early on Monday morning, as the “No” victory in the Italian referendum has prompted the resignation of Prime Minister Renzi, hitting the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With less than 2 weeks to go before the December Federal Reserve meeting, investors were not impressed by the latest U.S. jobs...

Market OverviewAfter a day under pressure yesterday, the consolidation on the dollar is moving closer to a correction as markets look to Non-farm Payrolls. This may be something of a surprise as the...

Now today’s focus is on the US jobs report, which should cause noticeable volatility in the markets, especially if the numbers deviate from expectations by a sizeable margin. It would take a...

Market OverviewMarket sentiment still looks to be in something of a consolidation mode today amidst a mix of factors including oil, China, and concern over the Italian referendum is leaving traders in...

Despite oil’s massive rally on the back of the OPEC news, the Canadian dollar, which tends to correlate strongly with oil prices, has hardly moved against its major rivals. Indeed, the USD/CAD...

Market OverviewMarkets appear to have entered into a wait and see mode, with two key factors driving the cautious approach, being today’s OPEC meeting and the prospective dollar correction....

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. When the U.S. dollar pulled back on Monday, we said dollar bulls remain in control and on Tuesday they took USD/JPY above 113....

The euro has weakened against most currencies in recent times but has strengthened against the perceived safe-haven Japanese yen, due to the generally positive risk sentiment in the markets. But with...

Market OverviewAs Treasury yields begin to drift lower, it has seemed as though the dollar bulls had lost control, with the prospects of a corrective move growing. However, maybe there is still some...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Don’t be fooled by the performance of Monday's U.S. dollar because the uptrend remains intact. The dollar may have...

With all eyes firmly on the OPEC meeting this week to see if they will cut oil production and raise the oil price, other key items this week affecting USD is Advance GDP, Consumer Confidence, NFP and...