Currencies and Forex Analysis & Opinion

Daily FX Market Roundup 01.23.20By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementCurrencies sold off sharply today as the coronavirus virus spreads to new countries. China may be...

Daily FX Market Roundup 01.17.20By Kathy Lien, Managing Director of FX Strategy for BK Asset Management The U.S. dollar wraps up another good week with gains against most of the major currencies. The...

With both the U.S. and Canada releasing employment figures today, USD/CAD warrants a look. Data has generally undershot expectation for Canada since the end of November. Given the Bank of...

Daily FX Market Roundup 01.09.20By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementIt has been a good week so far for the U.S. dollar and on the eve of the first employment report...

The US Dollar Index (DXY) has been in an upward sloping channel since early May of last year. Price hit a high of 99.67 on Oct. 1, 2019, and has pulled back to current levels near 97.00. There are...

The U.S. dollar has been attracting a lot of attention for a while now, especially given its continued rise, even after the Fed reversed its policy in July. That was when the U.S. central bank cut...

It’s the moment of truth for the yuan. Will it resume its rally since Sept. 3, the bottom for the Chinese currency? Or, will it return to its overall decline since the 2014 peak?The yuan seems...

As we noted yesterday, this time of year is notorious for low-liquidity trading, and more often than not, lackluster markets, as traders plan their New Year’s celebrations.One currency...

Daily FX Market Roundup 12.30.19By Kathy Lien, Managing Director of FX Strategy for BK Asset Management2019 has been a busy year for the financial markets. The biggest driving forces were trade war,...

On Friday, the DXY was down over 0.6%, and today the selloff continues. The price today is down nearly another 0.4% in U.S. trading as the DXY looks to test the spike lows from the Christmas night....

Historically, the yen climbs during January as Japanese investors repatriate the currency and adjust portfolios, increasing yen demand. At the same time, other non-American investors do the same,...

Daily FX Market Roundup 12.27.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementIn this last full trading week of 2019, the U.S. dollar pulled back against all of the major...

Daily FX Market Roundup 12.23.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementFirst, I’d like to wish all of our readers a very happy holiday. It has been a genuine...

EUR/CAD: A series of tall upper shadows shows that there’s plenty of supply around 1.4770. After printing three bearish hammers over four weeks, last week saw a break lower to confirm...