Currency Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. How Much Impact will Payrolls have on the Dollar? EUR: No Deal Until Greek Referendum NZD Sinks to New Lows after Dairy...

An eerie calm has descended on the markets. News that the Greek PM had made an about-turn and decided that maybe he could accept his creditors’ demands after all, has unleashed a European stock...

A recent report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says that China’s national currency got firmly established in the top 5 of the most used currencies of...

Yesterday showed that there is no second guessing events in Greece. There was no surprise to see the IMF deadline passing without payment, although Greece did put in a request for a last minute new...

Price action in the major money markets has been relatively smoother over the past 24 hours after the volatile start on Monday when the major instruments reacted to the developments in Greece....

The single currency slowly but surely closed the opening gap yesterday. But make no mistake, this does not mean that markets are ambivalent towards the fate of Greece; it’s more the nature of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Forex: Euro, Greece, China and NFPs... AUD: Impact of Chinese Rate Cut USD/CAD Surges as Oil Declines NZD Drops on Risk...

First, a review of the forecast for the past week: - most experts suggested that the EUR/USD pair would hold in the monthly sideways trend and therefore descend to its lowest level around 1.1200 and...

The Euro’s opening gap lower at the start of the Asian session is steadily being filled, with around half done so far. At the lows, the euro was 1.9% lower vs. Friday’s closing levels, but...

Naturally there is a lot of noise as to who is to blame for all of this. The fact is no-one is to blame but monetary union itself. The events of the past few months and especially twenty four hours...

Over the past 24 hours we have seen limited price action in the major money markets we monitor each day and the reason behind this is two-fold: first, traders globally are mainly focused on the Greek...

Another day passes with no deal on Greece and investors are likely to want to position themselves for negotiations to go on into the weekend by reducing exposure to risk assets. Indices are a little...