Currencies and Forex Analysis & Opinion

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...

Canadian Retail Sales were released earlier today, and the results were disappointing. Although the data was for October, the data still matters. The headline retail sales number (MoM) was -1.2% vs...

Daily FX Market Roundup 12.20.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementOn the last full week of 2020 trading, U.S. stocks hit record highs. This strong performance...

Daily FX Market Roundup 12.19.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementThe U.S. dollar traded lower against all of the major currencies today following...

The dollar-yen pair is struggling to maintain an advance, the fifth day out of six. And going forward, the horizon becomes less clear for the yen; this is apparent both in the fundamentals, that are...

Daily FX Market Roundup 12.17.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementWith the exception of the sell-off in sterling, it was a relatively quiet day in the FX market....

The pound’s current decline may be nothing more than a pullback within a rally. Sterling fell for the second day after UK Prime Minister Boris Johnson said he would introduce legislation to...

Daily FX Market Roundup 12.12.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementNothing matters more to the direction of currencies over the next few days than President...

Like an idle employee who doesn't want colleagues to know they're hardly working, the Federal Reserve yesterday used all its usual buzzwords about keeping its finger on the economy’s pulse. For...

Yesterday, we wrote about the strength of the USD/MXN on the possibility that the USMCA trade agreement deal could be reached. Today, U.S. House Democrats and Republicans have finally come together...

Mexico's peso is strengthening for the sixth straight day, on the promise of a signed, trilateral trade agreement between the United States, Canada and Mexico. This would replace NAFTA, the North...

Daily FX Market RoundupBy Kathy Lien, Managing Director of FX Strategy for BK Asset Management The holidays may be approaching but there’s at least at least one more week of potentially big...

The Trump administration could finally get U.S.-Canada-Mexico trade agreement, also known as NAFTA 2.0, pushed through before end of the year. After some mixed wires from CNBC, the news out of...