Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.October may have been a great month for the U.S. dollar but as we begin the final 2 months of the year, the greenback is losing...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It may be Halloween but the last trading day in October was a not so scary day for the financial markets. The Dow Jones...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Its time to turn your focus to the British pound because on Thursday, the Bank of England will release its Quarterly Inflation...

Originally published by AxiTraderThe latest CFTC report showed only minor changes in speculative FX positioning - despite relatively high volatility in the markets. Euro net positioning stood at 30k...

The Canadian dollar has been trading in a descending channel against the Japanese yen for the past 18 consecutive days. The decline began after the pair completed what appears to be the fifth leg of...

Originally published by AxiTraderThe latest CFTC positioning report showed minor changes in speculative FX positioning. Speculators continue to have a bullish outlook on the US dollar, although bets...

Originally published by AxiTraderThe latest CFTC report showed that FX speculators clearly remain bullish on the US dollar, despite the recent loss in momentum. Rising rate expectations in the US and...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In 2 trading days, the Dow Jones Industrial Average lost more than 1,300 points and the S&P 500 fell over 5%. The last time...

The EUR/USD was unable to hold above 1.15, USD/CAD regained 1.30, and Bitcoin began to form a dangerous descending triangle against the $6000 level. Ahead of the all-important CPI numbers in the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a roller coaster ride in the foreign-exchange market Tuesday with currencies rebounding strongly after hitting fresh lows...

Originally published by AxiTraderThe latest CFTC positioning report showed some notable shifts in speculative FX positioning. Euro bears got the upper hand now, with net positioning having switched...

Originally published by AxiTraderThere is a perfect storm of issues facing the Australian dollar this week. The weakness of the yuan, lower industrial commodity prices and rising US yields are all...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After driving USD/JPY to 11-month highs last week, investors took profits in what should have been a quiet trading day. However...

While the dollar has all the fundamental reasons to support an outlook for continued strengthening, it continues to weaken against the yen for the third day.The dollar is strong and should only...