Currency Forecast

- NAB lifts GBP/AUD forecast, sees 4% upside by year-end. - Third Brexit delay to drive GBP higher as the AUD declines. - AUD seen suffering from ongoing trade war, more RBA cuts. - But U.S.-China...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 10, 2019It’s been a rollercoaster ride in FX this week with currencies reacting to every...

The AUD/USD is looking quite interesting ahead of the publication of US Consumer Price Index (CPI) later on today, with investors also keeping a very close eye on US-China trade developments. There...

FX Brief: We saw a few whipsaws on price action today as contrasting headlines on trade talks rolled in. Rumours that China may leave this week’s trade talks early were recirculated...

S&P 500 futures on news a previously agreed currency pact with China will be rolled out. China has “lowered expectations” for progress from this week’s trade talks. That...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 8, 2019As China’s delegation arrives in the US for trade talks, the greenback extended its...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 4, 2019Don’t be fooled by the September jobs report. The unemployment rate may have dropped to...

FX Brief: GBP is the weakest major today, when UK PM Boris Johnson will present his final Brexit offer to the EU. If Brussels do not agree, Britain won’t negotiate further and leave on...

With futures markets implying an 80% chance of a cut, and around 70% of economists also on board, then it was always going to take more than a simple cut to sink AUD today with any vengeance. Yet...

RBA are expected to cut rate tomorrow by 25 bps, to a new record low of 0.75%. RBA last cut rates back in July, having already done so in June to shave 50 bps over the two months, which takes the...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup Sept 25, 2019September was a month when politics easily overshadowed economics. The political careers of...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup Sept 24, 2019 The US dollar traded lower against all of the major currencies today on the back of lower...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup Sept 23, 2019 FX traders should be watching the euro and central-bank speak this week. One of the most...

The pound is caught in a downward vortex, heading still lower, despite expectations the BoE will leave rates unchanged following Japan's relatively hawkish move earlier today, as continuing Brexit...