Please try another search
The Dollar weakness story took a bit of a breather towards the end of last week, brining EURUSD off from the highs just below the 1.15 area, whilst cable has pulled back from the 1.55 area. As with...
First, a review of the previous week:- the forecast for EUR/USD can be considered as fulfilled by 99%. The predictions were as follows: the pair bounces off the upper boundary of the weekly ascending...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another tough week for the U.S dollar. After disappointing retail sales no one wanted to own dollars and even though CPI,...
The world of investing today offers countless opportunities to earn additional income. The most common way, which most retail investors have experience with, is investing directly in the underlying...
Although hopes of a rate hike from the Bank of England before Christmas were mostly thrown out the window weeks ago the Pound did retain a steady stream of buy orders yesterday, deriding from...
Price action in the major currency pairs has been quite interesting over the past 24 hours as it kind of hints towards a change in momentum and possibly outlook over the short-to-medium term. During...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.EUR/USD raced to a high of 1.1493 Thursday, just a few pips shy of 1.15 before falling sharply to end the North American trading...
With some key moves in forex markets in recent weeks, the outlook for the US dollar is under increasing pressure. The prospects of a rate hike seem to be dwindling and markets are moving to price this...
Whilst some are getting excited by the euro strength the story is really the dollar weakness being seen. Over the past three weeks, it’s the kiwi, Aussie, Canadian dollar and Swiss franc that...
The US Dollar remains trading near 7 weeks lows against a basket of major currencies, after the release of disappointing U.S retail sales data and producer prices index. In fact, the data has...
Yesterday the focus was mainly on the US Dollar in light of the Retail Sales report from the US as everyone knew that the currency could come under renewed if the consumer report printed in a bearish...
US retail sales missed expectations for September, further raising doubts that the Fed will have the fundamentals behind them to raise interest rates this calendar year. If you’re clinging onto...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors sold U.S. dollars aggressively after Wednesday morning’s abysmal U.S. retail sales report. Not only did...
OverviewThe Dollar has taken a hit as U.S. Retail Sales increased by 0.1% MoM vs. est. 0.2%, while Fed’s favourite measure; Retail Sales Control Group contracted by -0.1% MoM instead of...
GBP/USD is up about 100 points on Wednesday, as the pair trades at 1.5360 in the European session. The pound received a boost as the unemployment rate fell to 5.4% in September. Unemployment Claims,...