Currency Analysis & Opinion

Today should be a bitter day for Mario Draghi. After all that he has done – and, more than that, after all that he has promised to do – the EUR has been more resilient than anyone could...

Market OverviewThere has been a significant shift in sentiment on the dollar in the past 24 hours and a move that questions the strength of the dollar rally. In the wake of Friday’s stronger...

General market themeThere has been choppy price action over the past 24 hours in the major instruments we monitor in our daily report, as we saw inconsistent momentum and a few changes in direction...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Over the past 6 trading days the U.S. dollar has been quietly consolidating its gains versus the Japanese yen, waiting for its...

Ahead of the publication of UK and US inflation figures on Tuesday, the pound had hit a 2.5-week high against the euro and climbed noticeably against the US dollar. This was in response to receding...

General market themeInteresting price action in the currency markets over the first 24 hours of trading this week, even though several markets were closed for a holiday. The focus was mainly on the...

One of the more unusual exchange situations is that of the Czech koruna vs the euro.The non-eurozone Czech Republic has a significant shared manufactured relationship with its fellow EU members,...

Friday’s Trading:The euro closed down against the USD on Friday. The price dropped to 1.1282 due to positive US stats. Consumer confidence and retail sales were better than expected. The...

General market themeOn Friday the focus was on the release of the Retail Sales report from the US and we had been talking about the importance of the event all week since investors seemed to be...

First, a few words about the forecast for the previous week: If we talk about the forecast for EUR/USD, as it often happens, graphical analysis turned out to be the most accurate, having predicted the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The strongest increase in retail sales in more than a year drove the U.S. dollar sharply higher against all of the major...

IntroductionThe USD/CAD has held gains over the past couple of weeks, although the bounce off 1.3000 (approx. 250 pip retracement to date) has been quite significant. In this article I aim to layout...

Although the Federal Reserve is still the only major central bank looking to increase interest rates, the persistently soft US data of late means a rate rise this year is becoming less and less...