Currency Forecast

Originally published by AxiTraderThe British pound came under heavy pressure today - following the decision by UK PM May to cancel tomorrow's Brexit vote. It was clear that May would have lost the...

Daily FX Market Roundup 12.07.2018By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The last month of the year kicked off with a bang but not in the way that many of us would...

Daily FX Market Roundup 12.06.2018.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. A convergence of bad news sent equities and currencies tumbling lower. U.S. assets were hit...

Originally published by AxiTrader US dollar was generally higher against its peers as traders turned to safe-haven assets Australian dollar slips further after weak GDP data and remains open to...

Daily FX Market Roundup 12.05.2018.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After Tuesday’s nearly 800 point drop in the Dow, investors feared the worst for...

Originally published by AxiTraderThe latest CFTC report shows that large speculators remain long US dollar across the board. Nevertheless, they may find it more difficult to maintain those positions...

Originally published by AxiTrader US Manufacturing and jobs data will be pivotal this week, as will further speeches by Fed Officials Australian dollar could be poised for further gains if equity...

Daily FX Market Roundup 11.29.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. We’ve seen very little continuation to Wednesday’s moves when the U.S. dollar...

Daily FX Market Roundup 11.28.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The big story in Wednesday's FX market was the sharp sell-off in the U.S. dollar. The greenback...

Originally published by AxiTrader The US currency was well supported as a safe-haven ahead of some key upcoming events The British pound was an underperformer with Brexit uncertainty hindering the...

Daily FX Market Roundup 11.27.18.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar traded higher against most of the major currencies Tuesday after Federal...

Originally published by AxiTrader The US dollar was well supported ahead of key speeches this week by Fed officials A rise in global equity markets reduced the appeal of the yen as a safe-haven...

Daily FX Market Roundup 11.26.18By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The best performing currency pair today was USD/JPY, which broke out of a 5-day long...

Originally published by AxiTrader A busy week on the economic calendar ahead, with GDP and Consumer Confidence readings set to influence the US dollar Brexit headlines to again drive movements in the...