Currencies and Forex Analysis & Opinion

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors sent EUR/USD to its highest level this month on the back of the European Central Bank’s monetary policy...

The pound sterling has been holding steady, even after the BoE held interest rates this morning. As well, the central bank indicated that its August guidance remains on track. Future rate hikes will...

The Canadian dollar is almost unchanged in the Thursday session. Currently, USD/CAD is trading at 1.3006, up 0.05% on the day. On the release front, Canada releases NHPI, which is expected to post a...

On Aug. 30 we warned of a potential bullish reversal for GBP/CAD. Having since confirmed the double bottom and moved higher, our focus reverts to its longer-term bearish trend.We can see on the daily...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday is a big day for euro and sterling. There are 2 monetary policy announcements on the calendar and the U.S. consumer...

The Canadian dollar is trading sideways in the Wednesday session. Currently, USD/CAD is trading at 1.3075, up 0.07% on the day. On the release front, Canada releases Capacity Utilization Rate. In the...

September is a busy month in the Forex market where economic performance and monetary policy divergences is becoming very apparent.Last week we had the Reserve Bank of Australia and Bank of Canada...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The trade war is back and investors don’t like it. The U.S. dollar traded higher against all of the major currencies...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This Friday’s nonfarm payrolls report is very important with a Federal Reserve rate hike expected later this month. The...

Yesterday, at 9AM EDT the pound sterling jumped over 1 full percent within 60 minutes, its biggest one-hour advance of the year. The surge was propelled by reports that Germany is prepared to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Except for two very brief periods of volatility, it was an extremely quiet day in the forex market. The greenback reversed from...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Summer may be over but the sun is shining bright on the U.S. dollar. The greenback extended its gains against all of the majors...

A bullish hammer on the weekly chart, its failure to test its lower channel and an increase of bullish momentum suggests USD/CAD could be on the verge of breaking its corrective channel.

The Canadian dollar has lost ground on Friday, continuing the trend seen on Thursday. In the North American session, Currently, USD/CAD is trading at 1.3049, up 0.53% on the day. On the release front,...