Currency Forecast

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 16, 2019Euro hit a 1-month high against the U.S. dollar today on the back of stronger Eurozone data,...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 16, 2019With 16 days to go before the UK is scheduled to leave the European Union, a Brexit deal is...

As my colleague Joe Perry mentioned, it could be a busy week for AUD given the slew of data from China alongside AU employment data on Thursday. RBA just released the minutes from their...

- AUD underperforms as doubts over U.S.-China deal pervade.- Illusion of an agreement no game-changer for global economy. - Absence of signed deal to see RBA cut again says Monex, ING. - RBA easing...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 11, 2019The sentiment in the markets shifted from gloom to hope this week on the prospect of...

- 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...

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...

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 7, 2019 There are 3 events that could trigger a major rally for the US dollar this week. US-China...

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...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup October 1, 2019 With the exception of euro and sterling, all of the major currencies traded lower Tuesday...

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...