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Yesterday’s Trading:Tuesday’s trading saw the euro/dollar sticking to my forecast up to the American session. By the end of the day, the euro had weakened against the dollar by 50 points...
The dollar moved higher against the euro and the other major currencies on Tuesday, as upbeat U.S. data released the day before continued to support, but trading volumes remained thin ahead of the New...
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.53% against the USD to close at 0.7292. LME Copper prices rose 0.42% or $19.5/MT to $4685.0/MT. Aluminium prices declined...
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.3840. In the Asian session, at GMT0400, the pair is trading at 1.3845, with the USD trading...
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CHF and closed at 0.9926. In the Asian session, at GMT0400, the pair is trading at 0.9924, with the USD trading...
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 120.50. In the Asian session, at GMT0400, the pair is trading at 120.48, with the USD...
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.0924. In economic news, Italy’s consumer confidence index dropped for the first time in...
GBP/JPY Daily OutlookDaily Pivots: (S1) 177.91; (P) 178.72; (R1) 179.33; GBP/JPY's fall resumed after brief consolidations and reaches as low as 178.10 so far. Intraday bias is back on the downside....
I had the privilege of talking with Scarlet Fu and Joe Weisenthal on Bloomberg TV. They gave me an opportunity to discuss my big picture view of the dollar and the Obama dollar rally. While the Reagan...
EUR/USD: With the pair capping its strength to sell off on Tuesday, EUR/USD targets more downside pressure on weakness. This view remains valid as long as it trades below the 1.1059/1.0991 zone, its...
By Kathy Lien, Managing Director of BK Asset Management.If we compare where the Australian and New Zealand dollars were at the beginning and end of 2015, it would be easy to conclude that it has been...
Over the last week, we’ve written about the early signs of a potential bottom forming in AUD/USD (see here and here for examples), but we haven’t taken a close look at the Aussie’s...
The Russian ruble extended declines after closing at a record low on Monday as data showed hedge funds turned bearish on the exchange rate for the first time since October.The ruble depreciated 0.6...
USD/CAD has posted slight gains on Tuesday, as the pair trades at 1.3930 in the European session. In economic news, there are three US releases on Tuesday, highlighted by CB Consumer Confidence. The...
EUR/USD has posted losses on Tuesday, after the starting the week with limited movement. Early in the North American session, the pair is trading at 1.0920. Taking a look at economic news, there are...