Forex Opinion & Analysis

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Trading the U.S. dollar requires patience and precision because for the past few weeks the greenback struggled to break its...

Markets are fairly quiet early in this week’s trade, belying a fairly interesting week when it comes to economic data. Beyond the continued political fallout from the surprise recognition of US...

Overnight saw JPY benefit from safe haven flows as sentiment dampened following Chinese industrial profits reporting the largest decline on record (-8.8% vs. Prev. -2.9%). Despite reports in Chinese...

USD/JPY: With USD/JPY seen trapped in a range, it now searches for directional moves. Until its breaks out either way, we expect its consolidation price action to continue. On the upside, resistance...

The following are the latest weekly positions updates on Societe Generale (PARIS:SOGN)'s FX Quant Fund, which runs systematic currency strategies by SocGen's quant analysts.The SG FX Enhanced Risk...

Governor Poloz would vote for a weaker C$, as the BoC continues to look toward non-energy exports to drive the economy, says CIBC World Markets."Voters wouldn’t elect to have a weaker currency,...

The following are the key takeaways from this week's COT report as provided by Scotiabank (LM:SCO). (Data in this report cover up to Tuesday Sep 22 and were released Friday Sep 25).IMM‐based...

Market Drivers September 28, 2015 Catalonia votes pro-independence Cable finds relative strength Nikkei -1.32% Europe -0.34% Oil $45/bbl Gold $1137/oz Europe and Asia: No data North America: USD PI/PS...

Main scenario:The pair is trading along an sideways trend between resistance 1.1210 and support 1.1110 levels. An uptrend will start as soon, as the pair rises above resistance level 1.1210, which...

EUR/NZD has enjoyed an impressive rally from year-to-date lows in April fueled by a cross dynamic of EUR strength. The rally highlights EUR’s inverse relationship with risk assets following the...

On the fundamental front, this coming week is a busy one with many key data releases giving an updated look at global growth.In Australasia, Japan’s key quarterly Bank of Japan (BoJ) Tankan...

Forex News and EventsIMF: Weaker global growth expected According to the IMF Head Christine Lagarde: “We are in a recovery process whose pace is decelerating”. These words underpin the...

This week the scorecard recommends buying NOK, AUD and CAD while selling GBP, EUR and JPY.Last week's signals resulted in a 2.2% loss. Especially the long NOK and SEK positions were expensive. Next...