Currency Forecast

Originally published by CuffelinksThe media over the years have had a deep fascination with bubbles, but what exactly are they? Is there any way of knowing if we are in a bubble and what should we do...

Originally published by CuffelinksOver the past couple of weeks I have been bombarded by calls and emails about Bitcoin. The usual stuff, such as, “The price just has doubled! Should I buy...

Originally published by AxiTraderThe Australian dollar continues to be well supported trading up to its highest level since Anzac Day with a peak of 0.7566 against the US dollar overnight. It is also...

Originally published by AxiTraderAre we there yet? What was supposed to be a cake walk for Theresa May and her conservative party when Mrs May announced the snap election on April 18 has turned into a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Euro and sterling traders should be prepared for a wild ride on Thursday as U.K. voters head to the polls and the European...

Crude oil failed for the 8th consecutive session to break above $50 bp, taking a gradual decline ladder flirting with 46.70 support level, still below its 200-EMA daily level at 49.10.Middle east...

Originally published by AxiTraderEven with the prospect of a weak GDP print for Australia's first quarter when it is released this morning. And even with base metals weaker across the board in the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.No major U.S. economic reports were released Tuesday but the weight of recent data sent USD/JPY tumbling below 110. The decline...

Thursday, June 8th 2017, UK election will take place and market will undergo sharp volatility with a reminder of how Sterling was a on chaotic ride between ups and downs during Brexit, but perhaps...

A superb home run for gold today rallying from 1279.61 low, with resistance levels falling like domino bricks and after finishing 1280 successfully, the yellow metal is currently busy with 1290 level...

EUR/USD failed for the second trading session this week to overpass 1.1285 (Friday's highs), with yesterday’s peek up to 1.1283, and today 1.1277. The pair is confined with Friday’s...

Originally published by AxiTraderMarkets Overview:Equities: Nikkei 225 (-0.74 %), Hang Seng (+0.30 %), CSI 300 (+0.22 %), KOSPI (-0.13 %), S&P/ASX 200 (-0.97 %) Commodities: WTI Crude $47.09...

Originally published by AxiTraderThe Australian dollar is higher again this morning sitting at 0.7484 as a confluence of better than forecast data and a break of technical resistance in the 0.7450/60...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With hours to go before the Reserve Bank of Australia’s monetary policy announcement, the Australian dollar extended its...