Currency Analysis & Opinion

Price action in the currency markets was once again limited over the past 24 hours as we discussed in our previous report. This year there is a lack of any fundamental developments during the...

By Kathy Lien, Managing Director of BK Asset Management.Of all the major currencies, the Canadian dollar was hit the hardest in 2015. The loonie lost over 15% of its value versus the U.S. dollar,...

In the end of last week, the GBP/USD pair started correcting up after a fall of the beginning of the week. The pair was pressured by strong USD positions that was in high demand after the expected Fed...

Limited volatility but no absence of price action in the currency markets over the past couple of days before Christmas, participation might be very low hence the trading volume is minimal however...

First, a review of last week’s predictions: - graphical analysis warned that EUR/USD would first try to break through resistance around 1.0900 and go down after a couple of unsuccessful...

By Kathy Lien, Managing Director of BK Asset Management.2016 will be a defining year for the British pound -- a year when politics will overshadow economics. Considering that sterling ended the year...

By Kathy Lien, Managing Director of BK Asset Management.com.Six years after the financial crisis and the European Central Bank is still struggling to turn around its= economy. As recently as December,...

Yet another day of limited volatility yesterday as we’re only 2 days before Christmas and market participants seem content with their portfolios and avoided making any last minute adjustments....

By Kathy Lien, Managing Director of BK Asset Management.2015 has been a great year for the U.S. dollar but with only 5 trading days left many investors are wondering if being long dollars in 2016 is...

Limited volatility in the financial markets just a couple of days ahead of the Christmas holiday and it seems that investors are happy with their positioning at the time. Like we mentioned in our...

Since the next two weeks are generally the quietest periods in the financial markets, we want to take this opportunity to think longer term and share with you our currency forecasts for 2016....

Traditionally the week before Christmas is always one of the slowest and quietest periods in FX trading and we expect no different this time around. The currency markets have been pretty active in...

First, a review of last week’s forecast:- the scenario for EUR/USD, backed by most analysts and the minority of the indicators, started to pan out. The pair spent some time in a sideways trend,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.December has been a busy month for central banks. First the ECB expanded Quantitative Easing, then the Reserve Bank of New...