Currency Analysis & Opinion

Is the ascension of the RMB to the SDR basket more than merely symbolic? Chinese rebalancing towards domestic consumption changes the balance of trade China’s largest trading partner remains the...

During this week our main focus has been on the US Dollar and its apparent weakness against the other majors, mainly the Euro and the Pound that have seen strong gains over recent sessions. Our...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Two main themes dominated FX trade this week – U.S. dollar weakness and lower commodity prices. These do not normally...

Simon Smith, Chief Economist for FX Pro, joined Zak Mir and Bill Hubard, Chief Economist for Bullion Capital, on the Tip TV Finance Show to discuss the fallout from the ECB meeting, and a view ahead...

Yesterday the pair grew and recovered losses from the beginning of the week. The reason for the growth was weakening across the market US Dollar, which is declining prior to the Fed meeting that is...

Generally speaking, the FX markets are likely to be directionless until the Federal Reserve’s much-anticipated policy meeting next Wednesday. However, some currencies like the Australian dollar,...

Yet another day of weakness for the Dollar yesterday when the US currency has fallen to a 1-month low against the rest of the major currencies with the likes of the Euro and the Pound benefiting from...

Dollar shorts continue to be squeezed as the dollar index looks to be going to record its second weekly decline in a row. Failure at resistance just above the 100.00 level for the second time this...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Crowded trades are getting killed this month with the U.S. dollar falling to 1-month lows versus the euro and Japanese yen....

It has been a very interesting day in the financial markets, even though the economic calendar has been light. The stock markets have been very volatile and after an initial bounce, Wall Street has...

I was very cautious on Bitcoin (BTC-eUSD) last time, there had just been a Key Reversal Down on the Daily Chart & though hopeful of higher prices I was somewhat suspicious. Then the Russian Ponzi...

I am glad I kept the bullet point above in neutral rather than being prompted by a Double Top that turned out to be more of a Bullish Halfway Hesitation. Over Oct – Nov and we have seen USD/JPY...

I love it when a plan comes together – last time I wrote ‘…we had a very bullish move last Friday, the close was right on the Key 50% Fib of the Sep – Oct move at 0.7137, so...

Last month at time of writing EUR/USD was at 1.1005. As I write this now it closed Friday at 1.0884 so I guess the bullet point above was right but as you can see from the Daily Chart above that is...