Fundamentals/News

USD Off Lows, Retail Sales Beat Expectations
The USD traded at a three week low Friday pressured by announcement that President Obama will nominate Janet Yellen as vice chair of the Federal Reserve. Yellen is a policy dove and her appointment will likely mean that the Fed will keep interest ...

US Market Update
The strong results in the February advanced retail sales data helped US markets open higher this morning, aided by strength in European trading. The lower than expected University of Michigan confidence reading sent indices into the red after 10am...

Afternoon Forex Overview
The U.S. dollar declined versus the euro on Friday as the shared currency was supported by strong economic data and more confidence that Greece will recover. The greenback pared losses after better-than expected retail-sales data and a surprise de...


Kathy’s CNBC Interview: Upside for the Yen?
by Kathy Lien
I was on CNBC Squawk Box Australia last night talking about the outlook for the Japanese Yen as well as the European currencies:

Forex Session Based Breakout Trading Strategy
by Kathy Lien
We just created a new trading strategy. If you are interested in receiving this FREE REPORT, please sign up by visiting BKForex Advisors and using this link for the Session Based Forex Breakout Trading Strategy

My Favorite Forex Trade: AUD/NZD
by Kathy Lien
My favorite forex trade right now is shorting AUD/NZD. After hitting a 9 year high of 1.3124 last week, the rally in AUD/NZD is losing steam. I should have posted about this earlier, but I think there is still room for the currency pair to fall...


Has Crude Taken the First Step Towards a Breakout and Reversal?
by John Kicklighter

Volatility perked up modestly for the active NYMEX crude contract Friday such that the market would test a new eight-week high of $83.16 before reversing course and potentially forging a bearish breakout. With the week’s close pulling the market b...



Swiss Franc Vulnerable As SNB Threat Grows
by John Rivera

 

Swiss Franc Vulnerable As SNB Threat Grows

Fundamental Forecast for Swiss Franc: Neutral

- Swiss National Bank leaves benchmark rate unchanged at 0.25%
- Consumer Prices Decelerated to 0.9% from 1.0%, despite a 0.1% increase in February
- Th...



Japanese Yen: Speculation for Intervention to Intensify Ahead of BoJ
by David Song

 

Japanese Yen: Speculation for Intervention to Intensify Ahead of BoJ

Fundamental Forecast for Japanese Yen: Bearish

- Current Account Surplus Widens on Rising Exports
- 4Q GDP Expands Less-Than-Expected
- Machine Tool Orders Jump at Record-P...