Please try another search
The dollar is falling for the fifth straight day after gaining for 7 days out of 8 and surging 8.5%. It might be time to start thinking of getting back in: the greenback has already corrected 2.3% of...
A deal is done. The White House and Senate agreed to a historic $2-trillion stimulus package and this agreement should pass the House easily. Equities and currencies traded sharply higher in response...
Many major currencies are trading higher this morning as stocks staged a voracious recovery at the New York open. The Dow Jones Industrial Average jumped more than 1,000 points or 6.5%. In a normal...
The Federal Reserve is doing everything in its power to limit the slide in equities, keep Treasury yields low and provide ongoing liquidity. In a breaking announcement before the start of New...
We have not seen such a strong week for the U.S. dollar since the 2008 global financial crisis. This fact alone explains why the greenback has been performing so well. There’s no doubt that...
Governments around the world continued to take steps to shield their economies from further weakness but the continued market sell-off is a sign that investors have little faith that these efforts...
Currencies and equities resumed their slide on Wednesday as Tuesday’s recovery proved to be nothing more than a one-day reprieve. New measures or plans to fight the economic impact of COVID-19...
The U.S. dollar traded sharply higher against all of the major currencies as the Dow Jones Industrial Average closed up more than 800 points. After falling nearly 3,000 points on Monday, U.S. stocks...
ZIRP is BACK! In a dramatic announcement Sunday night, the Federal Reserve cut interest rates by a full percentage point to a range of 0-0.25%, which is basically zero. They also restarted...
The Federal Reserve made another emergency cut yesterday, slashing rates by 100 basis points to close to 0% for the first time since the 2008 financial crisis. The U.S. central bank also launched a...
Daily FX Market Roundup 03.04.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementThese days, 800-, 900-point moves in the stock market have become the norm. On Tuesday, the Dow...
Daily FX Market Roundup 03.03.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementThe G7 conference call turned out to be a sideshow to the Federal Reserve’s decision to...
Daily FX Market Roundup 03.02.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementMonday's big story was the sharp recovery in U.S. equities. The Dow Jones Industrial Average...
Daily FX Market Roundup 02.27.20By Kathy Lien, Managing Director Of FX Strategy For BK Asset Management U.S. markets are in full-blown correction mode. Stocks fell for the sixth consecutive trading...
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...