Currencies and Forex Analysis & Opinion

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...

Daily FX Market Roundup 01.03.20By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementAs January kicks off, profit taking has been the primary trading theme in FX. For the second day...

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...

Last week the charts were indicating that the U.S. dollar was reaching a critical price level. And right now it is retesting that level — the December lows. The dollar is subject to multiple...

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,...

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...

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 12.18.19By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementIn the next 24 hours, the economic calendar is jam packed with market-moving data but whether or...