Currencies and Forex Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was a hard week/month for the U.S. dollar, which traded lower against nearly all of the major currencies. Investors...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It took no more than 3 minutes for USD/JPY to fall 300 pips with the sell-off spilling over to the yen crosses. The meltdown in...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Regardless of how the dollar trades, Wednesday’s FOMC statement is positive -- not negative -- for the greenback because...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors were net sellers of U.S. dollars ahead of Wednesday’s Federal Reserve meeting, which is surprising because the...

The Canadian dollar retreated at the start of the week as it gave up the gains from Friday’s strong inflation and retail sales data. The loonie had a horrible start to 2016 after the price of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The primary focus this week is FOMC and its impact on the U.S. dollar. But with no major U.S. economic reports released on...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. There was no shortage of big events and big moves in the forex market this week with commodity currencies soaring to new highs,...

Canadian dollar has been strengthening as Canadian economy adjusts to oil price shock. Oil prices are rebounding after hitting multi-year lows in January. The inflation and retail sales reports today...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors sold euros ahead of the European Central Bank’s monetary policy decision on the fear that Mario Draghi will...

Yesterday’s Trading: The euro/dollar broke through the 1.1340 marker due to a revival of the euro/pound cross and weak US stats. Data on construction in the US turned out worse than expected,...

Doha Summit Failure and Kuwait Oil Strike Made for a Volatile Weekend for CrudeVolatility in energy prices and a return of risk appetite have pushed commodity currencies upwards after prices tumbled...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After the Doha meeting of oil producers, the Canadian dollar should be trading much lower but instead of falling, the loonie...

Market Drivers for April 18, 2016 Doha fails to produce a deal Comm dollars gap lower but rebound with oil Nikkei -3.40% DAX 0.24% Oil $40/bbl Gold $1237/oz. Europe and AsiaNZD: CPI 0.2% vs....

The USD/CAD forex pair is well overdue for a bounce at the median of a long-term regression channel and the 40% Fibonacci retracement level, as shown on the monthly chart below.The Canadian dollar is...