Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. There may not be much in the way of market-moving U.S. data this week but that doesn’t mean there won’t be...

The GBP/USD ended higher last week on the back of surprisingly stronger-than-expected UK economic data and as the dollar eased along with expectations about an imminent rate hike in the US.But the...

General market themeThe US dollar was the main performer on Friday as the US currency gained against most of its counterparts during the last session of the week. We had expected a strong month for...

First, a review of last week’s forecast:– the forecast for EUR/USD reckoned that having rebounded from the support of 1.1100, the pair would go up – to the resistance of 1.1230, and...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was a crushing week for the U.S. dollar. The greenback sold off against most of the major currencies reaching multi-week...

Market OverviewAfter the weakness in the wake of this week’s FOMC minutes, the dollar is bouncing back. Once more, driving the move is a hawkish FOMC member (this time John Williams) who has...

Earlier today on TipTV, I gave an interview on the FX markets covering EUR/USD , EUR/GBP plus Bitcoin straight after my good colleague Mark Ostwald…along with some general summer market...

James Helliwell from Lex Van Dam Trading Academy joins the bandwagon of analysts calling for unwinding of shorts in GBP. Helliwell is expecting a rally in cable to 38.2% Fibo and suggests EUR/GBP...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar has fallen for 5 straight days as Thursday’s decline took the Dollar Index to its lowest level since June...

Economic data from the UK post the EU referendum has really surprised everyone this week, with inflation, jobs and now retail sales all topping expectations. It looks like Brits put Brexit miseries...

General market themeIn our previous report we mentioned how traders were not convinced by the recent Fed comments on the interest rate policy and were skeptical in buying dollars against the rest of...

Market OverviewThe US dollar remains under pressure in the wake of a dovish set of FOMC minutes for the July meeting, which suggested there was still the majority of the committee ready to hold off...

Clive Lambert, Director at FuturesTechs presents his technical view on major markets. Key points are as follows – GBP/USD – We have a higher low and bullish reversal candle formation. We...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. U.S. dollar traders were not impressed by the July Federal Reserve meeting minutes. The greenback ended the day slightly lower...