Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Monday's best-performing currency was sterling, which raced above 1.43 versus the U.S. dollar, extending a rally that has seen...

Originally published by AxiTraderDespite the euro consolidating in recent weeks, large speculators have given the currency another vote of confidence. Data from the CFTC showed that net positioning...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Many of the major currencies traded higher Friday including USD/JPY, which climbed to a 1-month high. Geopolitical tensions...

Originally published by AxiTraderIt seems like, at the moment, is all we need is a day or two of good news for rumors or innuendo about the US Administration's plans for trade battles are renewed and...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With U.S. stocks rising sharply on Thursday, all of the major currencies traded higher with the exception of the euro, which...

Originally published by AxiTrader77 and a half cents. That's where the Aussie dollar sat this morning. Once again back at the level which has been so attractive in recent years. It doesn't mean...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.All of the major currencies traded higher Tuesday as U.S. stocks extended their gains. Investors were relieved that Chinese...

Originally published by AxiTraderWill we get an escalation or de-escalation from the Chinese side of this trade and tariff battle when President Xi addresses a forum in Boao this morning? To say this...

Originally published by AxiTraderThe latest report from the CFTC showed that large speculators have slightly increased their US dollar long exposure in the previous trading week. Euro net positioning...

Originally published by The Wall Street Journal is running an article headlined, "Cracks form in global growth story, rattling investors". It's the latest in a very recent shift in sentiment toward...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The first week of April did not bring big FX moves as the dollar was unchanged against most of the major currencies and, looking...

Originally published by AxiTraderMy rhetorical self writes these articles each day. As readers know I talk about the fundamental drivers, the technicals, and how it all hangs together. But whatever...

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 U.S. data. The only thing that...

Originally published by AxiTraderYesterday's retail sales result in Australia was solid. And while it took a little while for the market to recognise that it was a really good number, the Aussie...