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USD/CAD put in a new 4½ month high yesterday, near 1.3333, as crude oil is trading at its lowest levels in 13 months, with front month crude futures down another 2.5% yesterday. Canada is an...
Daily FX Market Roundup 02.26.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset Management The last 2 days has been brutal for U.S. markets with the Dow Jones Industrial Average...
Daily FX Market Roundup 02.25.20By Kathy Lien, Managing Director Of FX StrategyPanic selling continued to hit the financial markets on Tuesday as investors head for the exit. The Dow Jones Industrial...
The Australian dollar has been slipping fairly steadily since the Reserve Bank of Australia opted two weeks ago not to raise interest rates. The central bank's rationale: to avoid spurring additional...
Daily FX Market Roundup 02.14.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementFebruary has been a great month for the U.S. dollar and U.S. stocks. The Dow Jones Industrial...
Daily FX Market Roundup 02.13.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementEveryone wants to know how much further the euro can fall. Not only has it been in a downtrend...
Daily FX Market Roundup 02.10.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementInvestors have been selling euros since the beginning of the month. Granted there’s been...
Daily FX Market Roundup 02.07.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementMany investors are scratching their heads about why U.S. stocks fell sharply after Friday...
The UK economy rebounded in the past couple of years, as the services sector hit a 16-month high and retail sales remained strong. However, rising inflation, with no concomitant increase in wages, is...
Daily FX Market Roundup 02-05-20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementThe Dow Jones Industrial Averages is heading back to record highs as the World Health...
The dollar index is advancing for the third straight day, ahead of today's ADP nonfarm payroll report and the ISM non-manufacturing PMI release as well as Friday's nonfarm payrolls. While traders may...
Daily FX Market Roundup X2.X4.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementCurrencies and equities traded sharply higher today with the Dow soaring more than 400 points...
Daily FX Market Roundup 01.29.20 Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementThe Federal Reserve’s monetary policy announcement proved to be marginally negative for the...
Daily FX Market Roundup 01.28.20 Kathy Lien, Managing Director Of FX Strategy For BK Asset Management After experiencing their largest one-day decline in months, stocks rebounded on Tuesday. While...
Daily FX Market Roundup 01.27.20By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementBetween the Federal Reserve and Bank of England’s monetary policy announcements, investors...