Currency Forecast

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 22, 2019EU Elections And Their Potential Impact Keep an eye on euro because there could be big moves in...

This morning’s UK inflation numbers were below forecasts, although the pound – already lower on the day – didn’t respond much. This is not a surprise whatsoever as the focus...

The Eurodollar has been stuck in a steady downtrend since May 2018. This is a relentless trend that found very temporary support near $1.115. When this support fails the next downside support target...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 20, 2019Mark your calendars. This week should be another busy one for currencies. Like recent weeks,...

Inflation in the U.K. has now scaled above the Bank of England’s 2% target, and London economists expect annual consumer price inflation to reach 2.1%. If they are right, it would be the fastest...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 17, 2019Every one wants to know how low the euro, Australian dollar and sterling can go. All three of...

The below is the weekly chart of the AUDUSD. Further to our previous article, the currency pair has declined by 2.6%. Technically speaking the chart looks to have three distinct phases since the...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 15, 2019U.S. retail sales was the main focus today and if that was the only story, the greenback would...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 15, 2019U.S. equities rebounded Tuesday but the lack of a meaningful recovery in currencies is a sign...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 10, 2019The trade war is back on and despite the FX market’s muted reaction to President...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 9, 2019Investors are nervous that this time, President Trump is serious about raising tariffs on...

The Reserve Bank of New Zealand today reduced its benchmark interest rate for the first time since 2016 to 1.50% from 1.75%. The bank also signaled another potential cut to counteract slowing economic...

Daily FX Market Roundup May 7, 2019Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementAll of the major currencies traded sharply lower Tuesday as the Dow Jones Industrial Average...

Daily FX Market Roundup May 6, 2019Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementOn the eve before the Reserve Bank of Australia’s monetary policy announcement, the...