Currencies and Forex Analysis & Opinion

The US Central Bank Kept Rates on Hold Citing Brexit RisksThe Federal Open Market Committee (FOMC) June statement brought no surprises three weeks ago. The U.S. benchmark interest rate remained...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. So much for summer doldrums – the bears came charging out at the start of the third quarter, sending sterling to its...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What a difference a week makes. The market went from preparing for another financial armageddon post Brexit to wondering if the...

BOE Governor Mark Carney Said Rate Cuts Will Be Needed as UK Growth Slows DownGlobal markets bounced back on Thursday as the end of the quarter flows and the reality of a prolonged Brexit process...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Sterling dropped like a rock after Bank of England Governor Carney said another rate cut is coming this summer. Carney has...

The Canadian dollar advanced against the U.S. dollar as Brexit fears that triggered a sell off have abated. There has been little in way of economic indicators to drive the market and official...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was your typical turnaround Tuesday in the financial markets. Currencies and equities traded higher across the board at the...

The Canadian dollar is trading lower versus the USD on the first trading session of the week. The volatility felt in the markets since the exit polls started pointing to a Leave win on the EU UK...

UK EU Referendum Ends with a Leave Win Unleashing a Chaotic Market Reaction.Voters in the United Kingdom decided by a 51.9 to a 48.1 percent to leave the European Union in the final result of the...

USD/CAD Loonie Stable After Brexit Shock as Oil RetreatsThe Canadian dollar plunged after the Brexit news hit the markets. Risk aversion triggered a demand for safe haven assets like the USD, JPY, CHF...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Britain’s decision to leave the European Union triggered pandemonium across the financial markets. Currencies and equities...

The Canadian dollar traded lower on Wednesday as voters in the UK prepared for the UK EU referendum and oil prices dropped after inventories in the U.S. did not fall as much as expected. The CAD had...

The big relief rally in markets that kicked off the week faded overnight with many markets pausing ahead of this week’s potentially big developments. Overnight the Nikkei rose 1.3% while in...

The Canadian dollar got a boost from British polls pointing to a rise of the Stay camp. Over the weekend the sentiment has started to shift after the tragic shooting of pro-Stay MP Jo Cox. The USD had...