Currency Forecast

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...

Originally published by AxiTraderThe Australian dollar was under intense pressure at one stage last night trading down to a low around 0.7411 before recovering to sit at 0.7462 as I write. The Aussie...

Originally published by AxiTraderYesterday I noted the Australian dollar's outlook might be turning. And although it fell about 0.3% overnight and sits at 0.7513 it's fair to say that the big sell-off...

Originally published by AxiTraderThe Australian dollar's recovery continued into week's end even as the Euro and pound remained under pressure. It's sitting at 0.7530 off last week's low of 0.7472...

Originally published by AxiTraderWhat could be more tantalising than the price of an asset or currency approaching an important technical level when there is a huge announcement in the hours ahead?...

Originally published by AxiTraderIt has been a wild day for the Aussie dollar. In fact, it's been a wild morning with the AUD/USD trading through a sharp 50 point bounce and then collapse in the wake...

Originally published by AxiTraderThe Australian dollar was down again this morning. The easy explanation is that the US dollar was a little stronger overnight while the threat to geopolitics from...

Originally published by AxiTraderThe Australian dollar has been in a clear downtrend since reaching a peak just under 80 cents back in mid-February. On Friday night in European trade AUD/USD hit, and...

Originally published by AxiTraderLarge speculators have been bearish on the US dollar for the past half year or so, but we might have reached the point where sentiment could turn. After a series of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.End-of-week profit taking prevented the U.S. dollar from extending its gains on Friday despite stronger-than-expected...

Originally published by AxiTraderWhen I think about the Aussie dollar, its value, and where its headed I usually group the myriad of drivers into 5 key groups. Those groups are, in no specific...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The euro went on a wild ride Thursday after the European Central Bank’s monetary policy announcement. The single currency...