Currency Analysis & Opinion

Some mixed Chinese data earlier this morning with higher than expected retail sales but lower industrial production indicates how the world’s second largest economy is shifting to a more...

Price action in the currency market has been limited over the past 24 hours as there has been little to no developments to inspire traders to take action. The general theme remains the surge of the...

The EUR/USD has continued its bearish trend at the beginning of Wednesday session amid the strong recover of the U.S Dollar and the decrease of global demand for commodities. The Organization of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The biggest story in Tuesday's FX market was the euro, which fell to fresh 6-month lows against the U.S. dollar. After a...

Over the last 24 hours the economic calendar was pretty much empty and that allowed the major currencies to breathe a bit easier and tone down the volatility we’ve seen during and especially at...

Cable has found support after coming under considerable pressure. The diverging monetary policies between the US and the UK saw it slump to its worst week in over a year. A solid day yesterday saw it...

KEY DRIVERSNon-farm Payrolls have surely now changed the complexion of the December FOMC meeting. The strong report now means that there is a high possibility of a rate hike at the next FOMC meeting....

Last week saw the Australian dollar fall sharply as the US NFP result fuelled some sharp selling in the pair. Subsequently, traders are watching the pair closely as it nears a key level of support,...

On Friday the NFP report monopolized traders’ attention as everybody was anxious to find out how the US labor market fared over the past month since it is the number one condition for the Fed to...

For starters, a few words about last week’s forecast: by the end of the week, EUR/USD was supposed to get fixed around 1.0800. Graphical analysis on H4 elaborated that at first, the pair would...

By now, you’ve no doubt heard about Frday’s essentially perfect Non-Farm Payrolls number and the resulting surge it’s caused in the US dollar. This report, and its resulting...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. This month’s blowout nonfarm payrolls report pushed USD/JPY to 2-month highs and the EUR/USD and GBP/USD to 6-month lows....

The start of the year was all about policy divergence and if this week is anything to go by, then we are ending the year with the same tone. The Bank of England Inflation Report yesterday saw...

The Dollar remained in the center of attention for traders over the past 24 hours as the US currency is attracting interest ahead of today’s NFP report however the story of the day came from...