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Bitcoin, the world's largest crypto currency by market cap, is falling for the fourth straight day. As of 5:00 EDT today its total loss for the period is around -20%, prompting some to call the slide...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup July 1, 2019The G20 summit ended with a trade truce between the U.S. and China. President Trump and...
The yuan is enjoying a relief rally after the Trump-Xi meeting put further tariffs on hold, even if the path to a trade deal is no clearer than it was before. The USD/CNY fell 0.33%, but the renminbi...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 28, 2019All of the major currencies either held onto or extended their gains on Friday on trade-talk...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 26, 2019With less than 48 hours to go before the beginning of the G20 Summit in Osaka Japan, the focus...
Canadian dollarKathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 25, 2019Tuesday’s rally marked the sixth consecutive day of strength for the New...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 24, 2019It may be a new trading week but last week’s themes have carried over to Monday’s...
Last week marked a significant turning point for the US dollar. For the first time since Jerome Powell became chair of the Federal Reserve, the central bank is thinking about easing. The US dollar was...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 20, 2019The last 24 hours has been brutal for the U.S. dollar. The greenback dropped to its lowest...
The Bank of Japan, as expected, announced overnight it will hold monetary policy steady. This came after the ECB's statement last month that it has a lot of ammunition left in its arsenal, effectively...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 18, 2019The June Federal Reserve meeting is the most important event of the month. Central bank rate...
With many observers expecting the Bank of Japan to make no immediate policy change at the close of its two-day meeting on June 20, despite the U.S.-China trade war and a dovish Fed outlook, prospects...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 14, 2019This has been a great week for the US dollar and the US retail sales report was the icing on...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 13, 2019Friday’s U.S retail sales report is one of the most important pieces of data on this...
Unemployment may have remained steady but, it’s not on track for RBA’s target which is seeing a rise in calls for RBA to cut in July. Today was really all about the unemployment rate,...