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Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup November 1, 2019October was a challenging month for the U.S. dollar. The vulnerabilities of the U.S. economy...
This post was written exclusively for Investing.com The U.S. dollar has been dropping recently, and it's looking like it may decline even further, perhaps to around 94 or even lower on the Dollar...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 31, 2019Investors continued to dump U.S. dollars today with the greenback trading lower against all...
The US Dollar continued to sell-off following the Fed’s rate cut last night. Although the central bank signalled a pause in the cutting cycle, Chairman Jay Powell suggested the Fed is...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 30, 2019The Federal Reserve lowered interest rates for the third time this year by 25bp. While the...
Turkey's lira is on the path to a continued selloff after the U.S. House of Representatives yesterday voted to sanction the country over its actions against Kurdish forces in Northern Syria. Lawmakers...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 28, 2019Buckle your seat belts as it will be a busy week in the forex market. There are 3...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 24, 2019 Mario Draghi oversaw his final meeting as the head of the European Central Bank today....
Sterling retreated from its 5-month high ahead of a series of UK parliament votes later today on Prime Minister Boris Johnson's Brexit deal. Traders are now holding nervous fingers above their buy and...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 17, 2019The UK finally convinced the EU to endorse their Brexit withdrawal agreement. When the...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 16, 2019Euro hit a 1-month high against the U.S. dollar today on the back of stronger Eurozone data,...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 16, 2019With 16 days to go before the UK is scheduled to leave the European Union, a Brexit deal is...
As my colleague Joe Perry mentioned, it could be a busy week for AUD given the slew of data from China alongside AU employment data on Thursday. RBA just released the minutes from their...
- AUD underperforms as doubts over U.S.-China deal pervade.- Illusion of an agreement no game-changer for global economy. - Absence of signed deal to see RBA cut again says Monex, ING. - RBA easing...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 11, 2019The sentiment in the markets shifted from gloom to hope this week on the prospect of...