Currency Analysis & Opinion

The GBP/USD has extended gains since September 9th 2015 hitting a new Top at $1.5466. And the prices edged higher at the opening of today trading session. While the investors remain cautious ahead of...

First, a few words about last week’s forecast:- the two-week-old prediction about EUR/USD’s upward drive panned out. In line with the forecast made seven days ago, the pair tried to hold...

There is much data that will be reported in the week ahead. The US reports consumer prices, retail sales and industrial output figures. The eurozone reports industrial production and the final August...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Next Week's FX Trade In 6 PointsWe all know that next week is going to be an important one for the financial markets because the...

The recent price action in the majors has been nothing short of interesting and we say that because after the US jobs report last Friday we expected strong gains for the Dollar as investors should...

The Bank of England (BoE) has just released its latest monetary policy decision. No change. No surprise there then, very dull. Or was it? The minutes from the Monetary Policy Committee are now...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Central Banks Step Up Verbal/Physical Intervention GBP: BoE Not as Dovish as we Fear AUD Soars on Rise in Employment CAD Lifted...

Lack of consistency has been the theme of the market over the past 24 hours for the major instruments we monitor in our daily report. The focus has been on the release of the Production levels’...

As we fret on whether the Fed will raise rates and wonder about the Bank of England, it’s nice to see some central banks are still managing to cut rates. Overnight, it was the Reserve Bank of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The Next FX Policy Trade RBNZ Cuts and Talks of Doing More USD/CAD Gives Up Post BoC Gains AUD Hangs Tight Ahead of Employment...

The GBP/USD prices are moving within an ascending triangle, a break above $1.5402 will lead prices toward $1.5419, $1.5440 and then $1.5470. As we can see on the H1 chart, the cable is in process to...

Sterling posted further gains against most of the majors yesterday as investors reacted to news of a deal that could see £3.5 billion pumped into the British economy.The Pound surged following...

Mixed performances from the major currency pairs over the past 24 hours as there was little for traders to take action on the back of. As we mentioned in our previous report yesterday the main market...