Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.When the European Central Bank unveils a fresh round of stimulus on Thursday, the announcement will not be a surprise for most...

Tomorrow the European Central Bank announces its monetary policy conclusions from the final meeting of the Governing Council of 2015. The market is anticipating that ECB President Mario Draghi will...

The week so far has seen some signs that the upward momentum to the US Dollar is waning. This was evident though most of yesterday’s session and although we’ve seen some recovery...

Price action in the currency markets remains unexpected and against the broader theme of recent days that had been a pro-Dollar rally versus the rest of the majors currencies. Especially ahead of this...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.At the start of the week the Dollar Index climbed to its strongest level in 8 months. On Tuesday it sank below 100 on the back...

First, a review of last week’s forecast: - graphical analysis on H1 and H4 predicted that EUR/USD would bounce off support at 1.0628, move up to resistance at 1.0700 first and only then continue...

GBP/USDMain scenario:The pair is trading along a downtrend with target on 1.4800, that may be expected to continue while pair is trading below resistance level 1.5080. Alternative scenario:An uptrend...

The dollar has been in retreat overnight as the risk environment at the start of the new month is positive. The latest PMI data in China was largely shaken off, the headline manufacturing series...

The AUD/CAD may not be on the watch list of many traders, but this cross may have formed a major low and about to make significant gains in the days and weeks to come. It has been supported not only...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementFor the past 3 months investors have been agonizing over 2 events -- the December ECB and FOMC rate decisions. In the next 2...

Brenda Kelly, Head Analyst at London Capital Group, joined today’s Tip TV Finance Show, to discuss EUR/USD, GBP/USD, AUD/USD and the FTSE 100. EUR/USD: ECB disappointment will see the single...

Sterling may come under further pressure against the US dollar, while the expectations of another round of monetary easing in the euro zone may result in an even stronger pound against the currency of...

Russia’s recent ban on civilian visits to Turkey serves as the first result of the latest tensions between the two countries, amidst a conflict that started last week when Turkish military shot...

On Friday, the British pound declined against the US dollar. The GBP/USD pair was negatively affected by poor macroeconomic statistics released in the UK. In particular, Consumer Confidence declined...