Currency Analysis & Opinion

The Turkish lira slumped late in the day on Friday when news of what turned out to be an unsuccessful coup attempt in Turkey hit the wires. The lira was able to regain its poise at the open overnight,...

Market OverviewDespite the geopolitical tensions that have been elevated in Turkey in the past few days following the failure of an attempted political coup, there is still a degree of mild optimism...

General market themeThe US dollar was in the centre of attention on Friday as investors were expecting the US Retail Sales figures in order to better assess the outlook of the domestic economy and...

UK and EuropeEuropean markets traded moderately lower on Friday, led by travel and leisure stocks in the wake of the horrific attack last night during Bastille celebrations in Nice, France. Moderate...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar traded higher against most of the major currencies Friday following better-than-expected consumer spending...

This week has seen the USD/JPY stage a remarkable recovery. After dipping momentarily below 100 on Friday of last week, the unit has climbed some 600 pips to reach a high so far of almost 106.00...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Sterling traded sharply higher Thursday after the Bank of England left interest rates unchanged. Yet with most policymakers...

General market themeAll eyes are on the Bank of England today as it is time to decide the interest rate policy for the coming period on the back of the Brexit vote and the changes in the PM seat just...

The Canadian dollar has endured a volatile day because of the slump in oil prices on the back of the latest US oil inventories report and a more hawkish Bank of Canada policy statement than expected....

Paul Rodriguez from Think Trading states the Bank of England is likely to cut rates tomorrow, but believes it would be symbolic in nature and would lack substance. Rodriguez also presents his view on...

Richard Perry, Market Analyst at Hantec Markets presents his view on major currency pairs markets – GBP/USD, EUR/GBP, USD/JPY Key quotesGBP/USD – Stuck at 23.6% fib retracement of post...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Bank of England's monetary policy announcement hasn't been released and we've already seen a U-turn in sterling. After...

With stocks, pound and yen dominating the headlines in recent weeks, traders haven’t paid as much attention to what still is the world’s most heavily-traded FX pair: the EUR/USD. Given...