Currency Analysis & Opinion

Time to Buy USD/CAD?Introduction With the NFP around the corner, it is worthwhile considering USD/CAD as one of the most suitable pairs to trade during the expected period of volatility. Rationale...

Tomorrow at 1330BST, we get the announcement of the latest Non-farm Payrolls number and it is sure to be another key driver of markets such as forex and gold. The dollar has been rallying recently but...

As trading unwinds after an unexciting day, the focus is slowly turning to Friday’s US monthly non-farm payrolls report. The long and short of it is that a headline reading of 200,000 jobs...

The pound has suffered a hat-trick of bad news this week as the latest Purchasing Managers’ Indices (PMI) for all three major sectors of the UK economy disappointed expectations.The...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar held onto this week’s gains and traded higher against many of the major currencies ahead of...

Market OverviewThe recent recovery on the US dollar seems to be on pause for now as traders begin to look towards tomorrow’s Non-farm Payrolls report. The key levels that were broken during the...

General market themeOver the past 24 hours price action in the currency markets remained on the same tune as before and the major instruments we monitor continued trading in the same direction we left...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. On Monday, we presented our readers with a table illustrating the U.S. dollar's seasonal performance in the month of May. ...

General market themeAfter several days of losses finally the US dollar had a good day against its European counterparties gaining ground across the board. Both the euro and the pound staged a sudden...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tuesday's big story for the foreign-exchange market was the sharp decline in commodity currencies. The Australian dollar led...

Market OverviewThe US dollar remains under pressure as the Dollar Index (the dollar measured against a basket of currencies) fell below 92.6 which is now the lowest since January 2015. Economic data...

The Bank of Canada seems to have brought its rate reduction cycle to a halt in July of 2015. The BOC noted in its press release the offsetting effect of lower transitory consumer prices while the...

The cable has largely had a couple of strong weeks since the currency appeared to turn the corner in early April. However, despite the recent rally to the top of the range, the pair now faces some...