Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. In one day, sterling lost all of the gains that it had built up during the week and this shows just how sensitive the currency...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. All of the major currencies traded sharply higher Thursday on the back of strong gains in U.S. equities. Risk appetite has been...

The US dollar is being sold off right now for four reasons: Failed trade talks with Canada Milder US tariffs—of 10 percent rather than 25 percent—against Chinese goods have reduced safe...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Brexit and trade headlines took currencies on a rollercoaster ride on Wednesday. At the start of the NY session, GBP/USD...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. No bulls were in sight Monday as the U.S. dollar traded lower against all of the major currencies. Softer U.S. data may finally...

Originally published by AxiTrader The latest CFTC report shows only minor changes in speculative FX positioning. Speculators increased their euro longs positions by 3k, bringing net positioning to 11k...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors sent EUR/USD to its highest level this month on the back of the European Central Bank’s monetary policy...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Thursday is a big day for euro and sterling. There are 2 monetary policy announcements on the calendar and the U.S. consumer...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was an extremely volatile day for sterling. Taking a look at how GBP/USD traded on an intraday basis, there were at least 3...

Originally published by AxiTrader QUICK SUMMARY EU negotiator Barnier continues to add volatility to pound and the euro with his back and forth comments on the outlook for a deal. Last night he was...

September is a busy month in the Forex market where economic performance and monetary policy divergences is becoming very apparent. Last week we had the Reserve Bank of Australia and Bank of Canada...

Originally published by AxiTrader QUICK SUMMARY US non-farms were around expectations with a few tweaks here and there like revisions to previous month's data. But it was the 0.4% lift in hourly...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The trade war is back and investors don’t like it. The U.S. dollar traded higher against all of the major currencies...

Originally published by AxiTrader QUICK SUMMARY I’m wondering if currency traders aren’t betting on a benign non-farm payrolls tonight. At least in the G10 anyway. I say that because...