Currency Analysis & Opinion

General market themeThe most intriguing news of the past 24 hours has been the rally in the cable that managed to push to the upside even though the sentiment remains bearish. The UK currency has...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Short covering sparked strong rallies for most of Tuesday's major currencies. Both GBP/USD and USD/JPY soared more than 2% as...

The confirmation of a new UK Prime Minister has offered some welcome certainty in uncertain times. Theresa May as PM has produced no Mayday calls in markets. The “safe hands” of Mrs May at...

Market OverviewRisk appetite in forex markets is on a positive footing again today as expectation of further Japanese stimulus and the uncertainty over who will become the next UK Prime Minister has...

General market themeLimited price action in the major instruments at the beginning of the week as the day didn’t offer much in terms of fresh data or news. Investors focused on the UK over the...

With the political transition likely to be done and dusted by the middle of the week we could well find out quite quickly what the next steps are with respect to time lines and intentions with respect...

General market themeThe US labor market data was on everyone’s focus on Friday and the release was not what investors expected. The US economy added a significant amount of jobs over the past...

Market OverviewThere is more of a positive feel to market sentiment to start the week. There was a rather varied reaction to the Non-farm Payrolls report on Friday, however yen weakness on the...

General market themeLimited price action in the major instruments we monitor in our daily report over the past 24 hours as investors are now turning their attention on the upcoming Non-Farm Payrolls...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. In less than 24 hours, the June nonfarm payrolls report will be released. Most economists and investors expect a strong...

The daily chart of the USD/CHF (figure 1) continues to show constructive technical signals as far as the bullish case is concerned. Obviously the biggest risk to any technical outlook is sudden...

Market OverviewAfter Brexit has dominated the trading outlook for the past couple of weeks, markets are looking rather cautious as attention now turns back to the US with Non-farm Payrolls today....

General market themePrice action in the major money markets has been dominated by dollar flows over the past 24 hours but we didn’t see the dollar rally that we would have expected ahead of the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementTypically when there are spikes low in currencies like the ones seen Wednesday in GBP/USD and USD/JPY, investors start to wonder...