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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...
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...
The US dollar has extended its gains against European currencies today, causing the Dollar Index to break to a new weekly high above 99.10. The pound had been hammered again as political uncertainty...
The pound is caught in a downward vortex, heading still lower, despite expectations the BoE will leave rates unchanged following Japan's relatively hawkish move earlier today, as continuing Brexit...
As a petrocurrency, or the currency of an oil-exporting country, the Russian ruble is inextricably linked to the price of oil. And, with the weekend's shock attack on Saudi Arabian oil fields likely...
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup Sept 12, 2019 The European Central Bank went above and beyond in rolling out a massive stimulus package....
Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 22, 2019No one is buying euros because they are worried about the political situation in Italy, the...
The Chinese yuan could very well be the critical indicator for whether the U.S. market is topping out or not. Markets plunged after China allowed its currency to weaken below the 7 yuan to dollar...
If the Fed is going to cut rates, why is the U.S. dollar enjoying its strongest rally in almost three years?More than 78% percent of traders bet that the Fed will cut its benchmark rate for the first...