Kathy Lien
BK Asset Management
Master the 3 M's of forex trading that drive every major currency move: macro, micro, and monetary policy.
Discover how breaking news creates quick profit opportunities, economic data shapes short-term trends, and central bank decisions power long-term currency movements.
Whether you're puzzled by sudden market spikes or seeking a framework for more confident trading decisions, this breakdown reveals exactly how professional traders interpret market moves.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD remains subdued around 1.0300 ahead of preliminary German inflation
EUR/USD edges lower after registering gains in the previous session, trading around 1.0300 during the Asian hours on Monday. Traders are expected to closely monitor the HCOB Composite Purchasing Managers’ Index (PMI) for the Eurozone and the preliminary Consumer Price Index (CPI) data for Germany, both of which are scheduled for release later in the day.
GBP/USD holds steady above 1.2400; upside potential seems limited amid bullish USD
The GBP/USD pair struggles to capitalize on Friday's modest recovery gains and oscillates in a range, above the 1.2400 mark at the start of a new week. Spot prices, meanwhile, remain close to the lowest level since April 2024 touched last week and seem vulnerable to prolonging over a three-month-old downtrend on the back of a bullish US Dollar.
USD/JPY: Upside remains capped below 158.00 amid cautious mood
USD/JPY is consolidating the upside below 158.00 in Asian trading on Monday. The pair feels the heat from a cautious risk tone and a broadly subdued US Dollar but the divergent Fed-BoJ policy expectatations help keep it afloat in the Nonfarm Payrolls week.
Editors’ Picks
AUD/USD holds the bounce toward 0.6250 after China's Caixin Services PMI
AUD/USD sustains the rebound toward 0.6250 in the Asian session on Monday after China's Caixin Services PMI beat estimates with 52.2 in December. China's stimulus optimism and a subdued US Dollar offset increased bets for early RBA rate cuts, reviving the demand for the Aussie.
USD/JPY: Upside remains capped below 158.00 amid cautious mood
USD/JPY is consolidating the upside below 158.00 in Asian trading on Monday. The pair feels the heat from a cautious risk tone and a broadly subdued US Dollar but the divergent Fed-BoJ policy expectatations help keep it afloat in the Nonfarm Payrolls week.
Gold inches higher toward $2,650 as traders await fresh catalysts
Gold price looks to gain ground near $2,640 in the Asian trading hours on Monday as the US Dollar struggles to hold onto the US ISM Manufacturing PMI-led upside. China's stimulus hopes and a softer risk tone underpins the bright metal. All eyes remain on geopolitics and Fedspeak for fresh impetus.
Canadian Dollar jumps as PM Trudeau set to announce resignation
Citing three sources, a Canadian news outlet, The Global and Mail, reported on Sunday that Prime Minister Justin Trudeau will likely announce as early as Monday that he will resign as Liberal Party Leader.
Week ahead – US NFP to test the markets, Eurozone CPI data also in focus
King Dollar flexes its muscles ahead of Friday’s NFP. Eurozone flash CPI numbers awaited as euro bleeds. Canada’s jobs data to impact bets of a January BoC cut. Australia’s CPI and Japan’s wages also on tap.
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