Forex Opinion & Analysis

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With less than 24 hours to go before the FOMC announcement, we’ve seen very little consistency in the performance of the...

The theme of Tuesday’s European session trade was undoubtedly risk aversion, with every major European equity bourse losing ground, bond yields generally rising, and oil losing another 2+% thus...

During 2015 many analysts have been forecasting a dramatic drop of the EUR and even strongly emphasizing that is heading to parity against the USD. After the announcement of the quantitative easing...

EUR/USD - silence before the storm ahead of FOMC meetingPrice stabilized above 1.1070 level after huge volatility on the last Thursday caused by the ECB meeting. It's not the end of market's...

Ahead of the FOMC Wednesday, we would have expected a more sedate trading session, but there were plenty of movers, headlined but the overnight event risk from the BoJ meeting. The unchanged policy...

If UK Chancellor of the Exchequer Osborne wants to position himself to be the next Prime Minister, the budget to be unveiled tomorrow may not be particularly helpful. There is little room to relax...

The pair continues falling after the unexpected growth that was caused by the ECB monetary policy decision. The regulator lowered the interest rate to 0% and expanded its quantitative easing program...

The EUR/USD had a strong bull reversal on Thursday, but it was in the middle of its yearlong trading range. The trading range is forming lower highs and higher lows, and is therefore also a triangle....

EUR/NZDCurrently we are 1.6728 in a nice channel. We are looking to continue to the Fibo Resistance @ 1.6804 and maybe to the 1.6989. The average daily true range (ATR) for the pair currently is 240...

Yesterday’s Trading: The USD on Monday closed up against the EUR. The euro/dollar was down against Friday’s 1.1079 minimum. Trading volumes are still low on the market at participants lie...

USD/JPY has posted strong gains on Tuesday, trading just above the 113 line in the European session. On the release front, the Bank of Japan maintained its monetary policy, but presented a bleak...

EUR/USDCurrent level - 1.1104 Still struggling above 1.1067 support area and while the latter holds, the bias will be positive, for a rise through 1.1217 peak. Initial intraday resistance lies at...

GBP/JPY bottomed at 154.70 on February 24th and managed to recover to 164.10, when the bears returned. The pair is currently trading slightly above 160.10, but what could we expect from now on? Is...

Key quotes from the Goldman Sachs (NYSE:GS) report: Long USD into the FOMCIf we are right and the Fed again uses this meeting to lead the market toward the next rate hike, this should be dollar...