Currency Forecast

Originally published by AxiTraderCan it break 76 cents? That's the question this morning after the Australian dollar was lifted by the tide of mild US dollar weakness last night. And folks,...

Originally published by AxiTraderThe Australian dollar opened the day a little better bid this morning after showing uncommon resilience overnight as stocks dipped, the US dollar surged, and copper...

Originally published by Guppytraders.comThe carefully negotiated structure of global rules and trade treaties are being torn down, dismantled and disregarded by the United States which is unilaterally...

Originally published by AxiTraderThe US dollar came under some heavy selling pressure in European trade last night when news broke that China was cutting the tariffs on a number of imports including...

Originally published by AxiTraderThe Australian dollar is sharply higher this morning, buoyed by the truce in the trade war, what that implies positively about growth in the world's two biggest...

Originally published by AxiTraderThe latest positioning report from the CFTC showed that large speculators were forced to cut their US dollar short positions further. While market participants do not...

Originally published by AxiTraderThe Aussie dollar is lower this morning but holding 75 cents for the moment after base metals helped it outperform most of the other majors in the past 24 hours. It...

Originally published by AxiTraderThe Australian dollar traded down to a low of 0.7448 yesterday after the release of the disappointing wage price index which did little to assuage the fears many hold...

Originally published by guppytraders.comMarket contradictions can be interesting, but irrelevant, or interesting and significant. The behaviour of the Australian dollar is one of those...

Originally published by The Reserve Bank of AustraliaI could try to fit a fundamental narrative to the Aussie dollar's move over the past 24 hours. But the reality is that what was clear for the...

Originally published by AxiTraderThe latest CFTC report showed that there were some notable shifts in FX positioning, especially in the British pound and Swiss franc. Pound net positioning decreased...

Originally published by AxiTraderWhat's more important in consumption-based economies than retail sales and employment to gauge where exactly things are at economically? Certainly much is made of...

Originally published by AxiTraderThe Australian dollar rocked through resistance in the 0.7470's yesterday afternoon before roaring into the 0.7530's where it sits this morning - up around 1% - after...

Higher US rates and strong dollar catalyst for losses Argentine peso and Russian ruble face heaviest rout Turkish lira follows closely behind Emerging market currencies have fallen sharply against...