Currency Analysis & Opinion

The last week was pretty fruitful for sterling sellers as we saw the GBP/EUR exchange rate hit highs of 1.18; Unfortunately, we saw that the pound was unable to break a key resistance level of 1.1808...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. In a matter of 3 weeks, the U.S. dollar appreciated more than 6 percent versus the Japanese yen and nearly 4 percent versus the...

Black Friday means financial markets will close earlier than usual today, but don’t despair, as there is a lot to look forward to next week. As well as the much-anticipated OPEC-meeting and...

The single currency may be retracing some of Wednesday’s losses as the US celebrates Thanksgiving, but the bounce looks fairly tepid, even after the strongest German business confidence for 2...

Market OverviewAs the US moved towards Thanksgiving the dollar has remained strong and gone on another tear higher into the holiday period in the US. Stronger than expected data on Durable Goods...

Today, UK Chancellor, Philip Hammond, will deliver the first Budget under Theresa May’s government. It could contain lots of surprises. I think that because of Brexit, Mr Hammond will unleash a...

Market OverviewAhead of tonight’s FOMC minutes, the forex markets have entered into a period of consolidation as the strong dollar bull run has just stalled in the past few days. With the rise...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Don’t be mistaken by the mixed performance of Tuesday's U.S. dollar because dollar bulls remain in control. Dips in the...

The GBP/NZD may not be everyone’s cup of tea but this oft-volatile pair could be on the verge of a big move. The pound has been finding decent support recently after the Bank of England dropped...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The euro rebounded against the U.S. dollar on Monday for the first time in 11 trading days, ending the longest stretch of...

Investors should be aware of the big signposted market moving events like the non-farm payrolls, Central Bank announcements and elections.However, as was saw in the 18 month run up to the US election,...

Since the result of the EU Referendum, it has been nothing but "doom and gloom" for the pound and we have seen nothing but weakness from the currency. We have seen lows of 1.08 against the euro and...

As the week draws to a close, the EUR/USD is still limping, now below 1.06. It could absolutely collapse next week as the dollar appreciates further. The market seems convinced that the Fed will hike...