Currencies and Forex Analysis & Opinion

Bitcoin, the world's largest crypto currency by market cap, is falling for the fourth straight day. As of 5:00 EDT today its total loss for the period is around -20%, prompting some to call the slide...

While we retain our core bearish view, a few indications point towards a corrective bounce before the dominant trend resumes. Net-short exposure on CAD futures was reduced by -23.3k contracts and...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup July 1, 2019The G20 summit ended with a trade truce between the U.S. and China. President Trump and...

The yuan is enjoying a relief rally after the Trump-Xi meeting put further tariffs on hold, even if the path to a trade deal is no clearer than it was before. The USD/CNY fell 0.33%, but the renminbi...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 28, 2019All of the major currencies either held onto or extended their gains on Friday on trade-talk...

Although the market has little hope in the meeting between U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, it is in a waiting position pending the meeting between the two...

Tempered expectations that the Fed may lower interest rates may have boosted the dollar in the short term, but the global reserve currency is still likely to decline in the medium term, having...

Canadian dollarKathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 25, 2019Tuesday’s rally marked the sixth consecutive day of strength for the New...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 24, 2019It may be a new trading week but last week’s themes have carried over to Monday’s...

Last week marked a significant turning point for the US dollar. For the first time since Jerome Powell became chair of the Federal Reserve, the central bank is thinking about easing. The US dollar was...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 21, 2019Investors continued to dump the dollar, driving all of the major currencies higher in the...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 20, 2019The last 24 hours has been brutal for the U.S. dollar. The greenback dropped to its lowest...

The Bank of Japan, as expected, announced overnight it will hold monetary policy steady. This came after the ECB's statement last month that it has a lot of ammunition left in its arsenal, effectively...

Canada MAY CPI M/M: +0.4% vs. +0.1%e; Y/Y: +2.4% vs. +2.1%eCPI Core- Median Y/Y: +2.1% vs. +1.9%e CPI Core- Common Y/Y: +1.8% vs. +1.9%e CPI Core- Trim Y/Y: +2.3% vs. +2.1%e (highest since Feb....