Currency Analysis & Opinion

Risk assets had their shine taken off them after investors were given a stark reminder that a deal is yet to be done and Greece’s proposals from last Sunday are subject to considerable scrutiny....

More volatility in the financial markets yesterday and again little change in terms of major instruments finding a direction. With all eyes on the Greek debt talks since we had no important reports...

As we head towards the end of the first half investors seem to be approaching the second half of 2015 with a distinct degree of caution and trepidation. When stock markets have recorded the sort of...

A continuation of Monday’s price action was the theme of the markets over the past 24 hours as the major instruments we monitor daily continued on the same mood. With only a few important...

The dollar was given a boost yesterday after Fed voting member Jerome Powell spoke of his preference for a September rate hike by the FOMC and even two hikes this year. This hawkish stance saw the...

The first session of the week was quite volatile and we saw interesting price action in most money markets even though we had a very light economic calendar. However we had progress in the Greek debt...

Current trendDuring last week the pair EUR/USD was grown rapidly. European currency gained over 150 points due to the tension over the situation in Greece and the US Fed report on the interest rates....

The ECB stepped in once again to help prop up Greek banks last Friday with an exceptional round of Emergency Liquidity Assistance funding as a record amount of euros were withdrawn from the Greek...

Mixed trading conditions on Friday as market participants were mostly focused on the Greek issue and the Finance Ministers’ meeting with the negotiations between the Greeks and their creditors...

At the end of a week when Greece remains teetered precariously on the precipice of bankruptcy and Eurozone expulsion the EUR is poised to end the week higher versus the USD. Gone are the days when the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.***No Daily Reports Next Week, Returning June 29 Euro's Fate Hangs on 3 Key Events Will the Dollar Catch a Safe-Haven Bid Next...

Currency markets remained active and price action was very interesting over the past day and the theme was once again the aftermath of the FOMC meeting on monetary policy. We’ve explained in our...