Currency Forecast

Originally published by AxiTraderWelcome to the Forex Today column. In it, I'll be trying to add a bit more colour and a lot more charts than I do in my broader overnight Market Wrap I do first thing...

Originally published by AxiTraderThe management of a small open economy with a free floating currency is a difficult task. That's particularly so when that nation has a chronic current account deficit...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementIt is not unusual to see big moves in currencies at the end of a month but Monday’s fluctuations give investors a taste of...

Originally published by AxiTraderThe Australian dollar is sitting at 0.7983 this morning having recovered from Friday's low of 0.7936. That is after the US dollar weakened again in the wake of a solid...

Originally published by AxiTraderWelcome to the Forex Today column. In it, I'll be trying to add a bit more colour and a lot more charts than I do in my broader overnight Market Wrap I do first thing...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Friday’s U.S. GDP report sealed the dollar’s fate with weaker-than-expected growth sending the currency tumbling....

Originally published by BetaSharesThe Australian dollar has recently broken above the top-end of its previous year-long range against the US dollar. In light of this event, this note updates our...

Originally published by AxiTraderThe Australian dollar is back above 80 cents for the first time since 2015 this morning after the Fed delivered a dovish statement focused on inflation - or lack...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve did exactly what the market anticipated but unfortunately that was not enough. The U.S. dollar sold off...

Originally published by AxiTraderWelcome to the Forex Today column. In it, I'll be trying to add a bit more colour and a lot more charts than I do in my broader overnight market Wrap I do first thing...

Originally published by AxiTraderThe Australian dollar remains happily above 79 cents again this morning sitting at 0.7935 as I write. On a night where the US dollar came under heavy selling pressure...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors continued to take off short USD/JPY positions ahead of Wednesday’s Federal Reserve announcement and given the...

Originally published by AxiTraderWelcome to the Forex Today column. In it, I'll be trying to add a bit more colour and a lot more charts than I do in my broader overnight Market Wrap I do first thing...

Originally published by AxiTraderThe Australian dollar, along with its commodity bloc cousins the Canadian dollar and kiwi were among the best performers of the forex majors on the first trading day...