Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Don’t be fooled by the pullback in the U.S. dollar on Tuesday because the greenback could still strengthen before the end...

Since the start of today's trade, the US dollar has been vaulting higher. It was jump-started by Friday’s hotter than expected Producer Price Index release. The metric was forecast to come in...

Daily FX Market Roundup 11.07.18 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With the U.S. Midterm Elections behind us and the Democrats victory in the House, the U.S....

It should be no surprise that there was limited activity in the forex market today ahead of the US midterm elections. Most of the major currencies began the NY session under pressure but as the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. One of the biggest political events this year is the U.S. Midterm Elections. Historically, these elections do not have a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar traded higher on the back of the nonfarm payrolls report but it was the confusion around US-China trade...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. October may have been a great month for the U.S. dollar but as we begin the final 2 months of the year, the greenback is losing...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It may be Halloween but the last trading day in October was a not so scary day for the financial markets. The Dow Jones...

Originally published by AxiTrader The latest CFTC report showed only minor changes in speculative FX positioning - despite relatively high volatility in the markets. Euro net positioning stood at 30k...

The Canadian dollar has been trading in a descending channel against the Japanese yen for the past 18 consecutive days. The decline began after the pair completed what appears to be the fifth leg of...

Originally published by AxiTrader The latest CFTC positioning report showed minor changes in speculative FX positioning. Speculators continue to have a bullish outlook on the US dollar, although bets...

Originally published by AxiTrader Bitcoin tries to recover (Bitcoin) attempted a recovery, but resistance at $7400 proved once again to be too strong. The cryptocurrency has seen rather low volatility...

Originally published by AxiTrader The latest CFTC report showed that FX speculators clearly remain bullish on the US dollar, despite the recent loss in momentum. Rising rate expectations in the US and...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. In 2 trading days, the Dow Jones Industrial Average lost more than 1,300 points and the S&P 500 fell over 5%. The last time...