Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors sent EUR/USD to its highest level this month on the back of the European Central Bank’s monetary policy...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday is a big day for euro and sterling. There are 2 monetary policy announcements on the calendar and the U.S. consumer...

Originally published by AxiTraderQUICK SUMMARYThe US dollar was getting pummelled at one point with euro up at 1.1643 and the pound up at 1.3086 before a little flash crash in Sterling saw it back...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was an extremely volatile day for sterling. Taking a look at how GBP/USD traded on an intraday basis, there were at least 3...

Originally published by AxiTraderQUICK SUMMARYEU negotiator Barnier continues to add volatility to pound and the euro with his back and forth comments on the outlook for a deal. Last night he was...

September is a busy month in the Forex market where economic performance and monetary policy divergences is becoming very apparent.Last week we had the Reserve Bank of Australia and Bank of Canada...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The trade war is back and investors don’t like it. The U.S. dollar traded higher against all of the major currencies...

Originally published by AxiTraderQUICK SUMMARYI’m wondering if currency traders aren’t betting on a benign non-farm payrolls tonight. At least in the G10 anyway. I say that because despite...

Originally published by AxiTraderQUICK SUMMARYThe pressure on emerging market (EM) forex was released a little overnight. The Argentine peso and Turkish lira both gained around 1.25% against the US...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Except for two very brief periods of volatility, it was an extremely quiet day in the forex market. The greenback reversed from...

Originally published by AxiTraderQUICK SUMMARYThe ISM manufacturing PMI shot the absolute lights out overnight with a print of 61.3 which was the highest since 2004. Employment was stronger too, as...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Summer may be over but the sun is shining bright on the U.S. dollar. The greenback extended its gains against all of the majors...

Originally published by Guppytraders.comThe breakout in the US dollar appears to have slowed. Investors across the board are eager to determine if this is the end of dollar strength, or just a pause....

Originally published by AxiTraderQUICK SUMMARYBeside the Brexit-induced funk for the pound – which fell 0.7% against the US dollar to 1.2873 and 0.8% against the euro with EUR/GBP at 0.9023...