Currency Analysis & Opinion

I wrote last week (The euro is the loser from Greece) that there would be no winners from the situation regarding Greece and the price action we’ve seen so far largely bears that out. The...

Let’s start with a review of last week’s forecast:- regarding EUR/USD, 64% of the analysts expected the pair to fall by at least 100-200 points while 18% of the analysts claimed that the...

t is starting to sound like a bad joke but for yet another weekend that all eyes around the world were focused on the Greek issue and the ongoing negotiations between Greece and its creditors they...

The single currency opened around 50 pips lower this morning on the back of yet another Greek deadline not being a deadline after all. Furthermore, EURUSD regained most of that opening gap lower...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. How We’re Trading Euros After The EU Meetings Dollar Ends the Week Strong Thanks to Yellen AUD Traders Beware, Big Week...

Interesting price action but lack of direction was the theme of the currency markets over the past 24 hours as the major currency pairs were in a waiting stance ahead of the key developments starting...

There is a degree of calm that has come over the markets in the past day or so. The Greeks have said they will be submitting their proposal to the Eurozone leaders by Friday’s deadline. Rumour...

FX League - Week 41Trend: Momentum: League Table: ***16.88 as a neutral result of the week*** JPY, CHF, EUR, USD, GBP - BULLISH!CAD, NZD, AUD - BEARISH! Detailed FX League chart: Trades for the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What can China do to Save Stocks and FX? Euro Rebounds on Fresh Greek Deal Hopes AUD: Beware of Employment Report NZD Bounce =...

Important developments across multiple fronts over the past 24 hours and the currency markets were pretty vocal in their response to the fresh news. We’ve seen increased volatility in the major...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. FX: Why There’s No Love for Gold Dollar – How the Greek Crisis Affects America AUD Hits 6-Year Lows, RBA Leaves...

Increased volatility but inside narrow ranges was the theme of the market during the first session of the week for the major instruments we monitor in a daily basis. A day after the No vote from the...

Current trendYesterday the pair GBP/USD was trading within a wide range and amid the news release the price rose from 1.5550 to 1.5625. However, during the rest of the day the pair movement was a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Greece Votes No. Time to Buy or Sell Euros? Dollar: How the Greek Crisis Affects America AUD: RBA vs. China CAD Hit Hard by...