Currency Forecast

Originally published by AxiTraderQUICK SUMMARYPresident Trump took aim at the Fed's rate rises, Chinese and European currency management overnight and then this morning via Reuters. He made it clear...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar started this new trading week with another day of losses. The greenback either held steady or extended its slide...

The second full week in August was another good one for the US dollar.The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see short...

Originally published by AxiTraderQUICK SUMMARYOn forex markets the US dollar reversal continued under the heavy weight of positioning and data flow. The US Dollar Index, which touched 97 last week...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The second full week in August was a good one for the U.S. dollar. The greenback extended its gains against most of the major...

Originally published by AxiTraderQUICK SUMMARYThe PBOC fix and the news of the trade delegation yesterday see the US dollar a little weaker against the majors this morning. But against the Greenback...

Originally published by AxiTraderQUICK SUMMARY The Turkish lira stabilised after Qatar curried favour (it’s trying to find someone in the region to be friends with) with a $15 billion investment...

Originally published by AxiTraderQUICK SUMMARYThe pressure has been relieved, but not released on the Turkish lira as traders tire of selling after the currency seems to have found a base around 7.2...

Originally published by Guppytraders.comThe market contradiction with the Australian dollar persists. The Australian market is making new 10-year highs, although the index has stalled near resistance...

Originally published by AxiTraderQUICK SUMMARYHonestly, that could have been a much bigger day on forex markets than what we have seen in the past 28 hours. Sure the lira got dumped, then pumped, then...

Originally published by AxiTraderQUICK SUMMARYThe Turkish lira fell around 20% last week as the argument with the US over the release of a Pastor intensified. As the ECB becomes increasingly worried...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The meltdown in the forex market on Friday is a reminder of why you shouldn’t be sleeping at the wheel in the month of...

Originally published by AxiTraderQUICK SUMMARYIt is almost here folks. The day US dollar bulls have been waiting for, the break of the range and the move to higher levels. We aren’t there yet...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against all of the major currencies Thursday despite softer-than-expected inflation data....