Currencies and Forex Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Despite strong U.S. retail sales, there was very little consistency in the performance of Thursday's U.S. dollar. The greenback...

After last week's major break for the sideways congestion, gold plunged to fresh five-month lows at 1236.55 on Tuesday, then started an upward correction, first as a result of the deep down dips,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve raised interest rates by 25bp Wednesday and instead of rising, the dollar sold off aggressively against all...

Most markets are highly anticipating a rate hike today by the U.S. Fed with 0.25% basis to 1.25%. Analysts are supporting the rate hike decision, especially since Janet Yellen has recently stressed...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against most of the major currencies today ahead of Wednesday’s Federal Reserve announcement...

The Canadian dollar has edged higher in the Tuesday session. Currently, USD/CAD is trading at 1.2828, down 0.22% on the day. On the release front, there are no Canadian releases on the schedule. The...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar had a quiet but firm start to what will quickly become a busy trading week. With four monetary policy...

The Canadian dollar is almost unchanged to start the week. In Monday’s North American session, USD/CAD is trading at 1.2832, up 0.03% on the day. On the release front, there are no Canadian...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The November nonfarm payrolls report posed no threat to the Federal Reserve’s plans to raise interest rates next week....

The Canadian dollar has ticked higher in the Friday session, after two straight losing sessions. Currently, USD/CAD is trading at 1.2837, down 0.12% on the day. On the release front, the sole Canadian...

The EU and U.K. managed finally to reach a deal and move forward with Brexit. As a result, the British pound is expected to show upward movement and we should see some upward corrections as the euro...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. nonfarm payrolls report is one of the most important pieces of data scheduled for release this week and it will play a...

The Canadian dollar has posted losses in the Thursday session. USD/CAD is trading at 1.2832, up 0.36% on the day. On the release front, Canada will release Building Permits and the Ivey PMI. The U.S....

EUR/USD has entered the fourth consolidation session with choppy sideways trading. The pair has failed to stay above the 1.1800 (10-EMA) level since Monday and is still flirting with a 1.1780 support...