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 Australian dollar has again failed just below important resistance at 0.7640 after the US dollar strengthened in post FOMC trade. At 0.7578 this morning the Aussie...

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 AxiTraderNot terrible Chinese data yesterday and a weaker US dollar in the lead up to the FOMC decision saw the Aussie dollar break up and through the top of the recent range...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve raised interest rates by 25bp Wednesday and Fed Chair Janet Yellen’s optimism plus hawkishness caught...

Originally published by AxiTraderThe Australian dollar is largely unchanged over the past 24 hours after trading either side of its current very quiet range with a high at 0.7564 and low around...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.On the eve of the Federal Reserve’s quarterly monetary policy announcement, no one is buying U.S. dollars. The greenback...

Originally published by AxiTraderWelcome to the first edition of my new 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...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It's going to be a very busy week in the foreign-exchange market and Monday's moves show us which currencies are the most...

Last week, the gold market witnessed $30.20 loss equal to -320-pips price action, landing on 1264.64 low after peeking to 1296 on Tuesday, which indicated bearish momentum. Downside prevailed for the...

A busy week for the euro, after the ECB kept interest rates at 0%. The QE purchasing program remained on hold, which saw a negative shock selling wave push the EUR/USD to 1.1166. This tested strong...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We are supposed to be in the dog days of summer but with the weather just beginning to warm up here in New York, investors are...

Originally published by AxiTraderWell hats off to You Gov. It looks like the new polling method that resulted in a prediction that Theresa May's Conservative party would lose seats at the election is...

Originally published by AxiTraderAll eyes are on the pound as the results flow from this much closer than expected UK election. And amid the uncertainty the potential upset has caused in early Friday...