Currencies and Forex Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The end of year anti-dollar rally continued Wednesday with EUR/USD hitting 1.19, GBP/USD breaking through 1.34 and the AUD/USD...

The Canadian dollar continues to improve, and has posted considerable gains in the Wednesday session. Currently, USD/CAD is trading at 1.2644, down 0.33% on the day. On the release front, there are no...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It is the last trading week of 2017 and so far we see no love for the U.S. dollar. The greenback traded lower against all of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The year is drawing to a close with extended moves in many major currencies. USD/JPY is trading at the top of its 9-month range...

The Canadian dollar continues to improve, and has posted slight gains in Friday trade. Currently, USD/CAD is trading at 1.2720, down 0.14% on the day. On the release front, it’s a busy day on...

EUR/USD received a punch on Friday's trading sessions as Catalan's referendum taking major headlines news with increasing pace through media. As a result the pair dipped at 1.1816 low this morning but...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday's best-performing currency was the Canadian dollar, which shot higher against all of the major currencies on the back...

The Canadian dollar has shown little movement this week. Currently, USD/CAD is trading at 1.2831, down 0.03% on the day. On the release front, Canada releases CPI and Core Retail Sales. In the U.S.,...

The Canadian dollar has shown little movement this week. Currently, USD/CAD is trading at 1.2852, down 0.22% on the day. On the release front, the U.S. publishes Existing Home Sales and Canada...

Crude oil inaugurated Monday's trading session with clocking 57.86 high and has been trading cautious-flat since Monday. Yesterday, API report mentioned that U.S. crude inventories fell by 5.2 million...

GBP/USD edged up on Asian trading session with 1.3400 high, but failed to press forward and dipped to 1.3374 low. It is currently trading 1.3388 intraday. On the technical level, the pair managed to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With the year drawing to a close, FX traders are finally enjoying the risk-on rally that equity traders coasted on throughout...

GBP/USD Intraday: continuation of the rebound.Pivot: 1.3360 Our preference: long positions above 1.3360 with targets at 1.3420 & 1.3445 in extension. Alternative scenario: below 1.3360 look for...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It may have been a tough week for the U.S. dollar, which was steady-to-lower against all of the major currencies but progress on...