Currencies and Forex Analysis & Opinion

Sterling suffering no-deal backlashThe pound is in freefall this morning after plans emerged to prorogue parliament and prevent MPs from passing legislation to prevent a no-deal Brexit. GBPUSD Daily...

The pound is slumping again, dragging U.K. bond yields back down to record lows, after Prime Minister Boris Johnson revealed his plan to ensure the country leaves the European Union as scheduled on...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 26, 2019Thanks to US President Trump whose tweets keep the market off balance, it was a wild ride for...

Last Thursday, EUR/GBP tumbled after it hit the downside resistance line drawn from the high of August 12th, but the slide was stopped near the medium-term upside support line taken from the low of...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 22, 2019No one is buying euros because they are worried about the political situation in Italy, the...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 21, 2019 The next 48 hours will be very important for EUR/USD because the currency pair has been...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August It has been a great week for the U.S. dollar, which recovered against all of the major currencies...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup AugustThe most important piece of US data scheduled for release this week was retail sales and even though...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 12, 2019This week’s calendar is a jammed with market moving economic data but these releases...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 9, 2019It has been a very busy week for President Trump. On Sunday, he announced fresh tariffs on...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 8, 2019Volatility wise, it was a relatively quiet day in the forex market. USD/JPY extended its...

The Chinese yuan could very well be the critical indicator for whether the U.S. market is topping out or not. Markets plunged after China allowed its currency to weaken below the 7 yuan to dollar...

The Canadian dollar fell 0.20 against the U.S. dollar in the Friday session as lower Canadian exports and a risk off sentiment was triggered by the threat of higher tariffs against Chinese goods by...

If the Fed is going to cut rates, why is the U.S. dollar enjoying its strongest rally in almost three years?More than 78% percent of traders bet that the Fed will cut its benchmark rate for the first...