Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.3 Currencies You Should be Trading Next WeekAs we look forward to the new trading week, many investors are wondering if the U.S....

EURUSD - test of resistance on level 1.1370 Today’s EUR/USD session is very interesting. We saw dynamic break above resistance which stopped upward movement for 3 weeks. Price reached 1.1370 and...

With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy.China executed a financial move that appeared to undermine its own position...

Risk assets are being buoyed further by hungry investors happy to get back into equities as the outlook for monetary policy tightening looks more assured with rates set to stay lower for longer. The...

Volatility remained elevated over the past day even though the price action in the major currencies and markets has been a little bit unexpected. The bias remained bearish for the major currencies...

GBP/USD is little changed on Thursday, as the pair trades just above the 1.53 line in European trading. The pound has enjoyed a strong week, buoyed by a strong Manufacturing Production report on...

BoE to remain on holdIt is widely expected that the Bank of England’s MPC will vote 8-1 in favor of no change in interest rates or adjustment to target asset purchases. With the next Inflation...

Over the past 24 hours investors were focused mainly on the UK Pound as we mentioned in our report yesterday and it was a pretty much expected focus point as the Industrial and Manufacturing...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The biggest story in the FX market Wednesday was the bottom in GBP/USD. Over the past 48 hours, sterling rose strongly against...

The pound strengthened against the yen prior to the Bank of Japan Press Conference and key macroeconomic statistics due on Thursday. Economists do not expect any additional stimulus measures from the...

The big news in global markets today is Anheuser-Busch Inbev's (NYSE:BUD) higher buyout offer to SABMiller (LONDON:SAB). After the British-domiciled SAB turned down offers of £38 and £40...

The Renminbi falling will be positive for the some economies, but is there something more in this story?. Watch today’s interview with Paul Rodriguez of ThinkTrading, as he joins Zak Mir and...

In today’s Forex Forecast, we look at the price action for GBP/USD, USD/JPY, USD/CAD and EUR/USD with Steven Woodcock, Senior FX Analyst at Plutus FX. GBP/USD: Maintaining the bearish view...