Forex Opinion & Analysis

Daily FX Market Roundup March 21, 2019 Kathy Lien, Managing Director of FX Strategy for BK Asset Management The dovishness of the Federal Reserve should have been widely negative for the US dollar but...

Brexit tensions have left international markets in an absolute shambles after all the chopping and changing at the 9th hour before the Brexit deadline. The Rand, being one of the emerging market...

The below is the daily chart of the USDZAR. Tuesday’s candle is a bullish hammer (blue candle). This is a day when sellers sold the USDZAR down until the low for the day was reached. At the low...

Daily FX Market Roundup March 14, 2019 Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After a 3-day consolidation, USD/JPY broke to the upside ahead of the Bank of Japan’s...

Daily FX Market Roundup March 13, 2019. Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors are relieved that Britain won’t be spiraling out of the European Union...

The British pound remains one of the most dynamic assets in the FX market. Just yesterday, the GBPUSD pair traded within the 282-point range, which indicates market nervousness amid the buzz around...

The UK parliament votes later today on Prime Minister Theresa May’s latest version of a Brexit deal. She was able to obtain some last minute concessions from the EU that boosted the pound this...

Daily FX Market Roundup March 11, 2019 Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Nothing is more important this week than the Brexit votes on Tuesday, Wednesday and...

Initial reaction to the domestic GDP data was positive, with the rand gaining against the dollar but the dollar later started to strengthen against most developed and emerging market...

Daily FX Market Roundup March 6, 2019 Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With stocks stabilizing after yesterday’s slide, the US dollar traded higher against...

A topsy-turvy week for the local currency saw a wide range of trade against the US Dollar, amidst a slew of events from the US side of the pond. There was almost too much on the go to keep track...

Kathy Lien is the Managing Director of FX Strategy for BK Asset Management Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The US dollar is coasting on a post-GDP high and...

The below is the daily chart of the USDZAR. Further to our previous article, we note that a higher trough (HT) has now charted. If price pushes above the reference peak (solid red line), it will have...

The British pound registered the best result among its G10 competitors on Tuesday, recovering more than 150 points against the US dollar, to 1.3287 highs. The rally was triggered by the British Prime...