Currency Forecast

Originally published by AxiTraderQUICK SUMMARYThe picture today accompanying this note of a cargo ship in a storm was chosen to convey the real risks that traders and investors may have to face if...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar rebounded against all of the major currencies Thursday with the exception of the Japanese yen and its...

Originally published by AxiTraderQUICK SUMMARYThe pound was the big mover against the US dollar and then on the crosses after news the UK and Europe are getting closer to what the EU's Michel Barnier...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It has been a week of good news in the financial markets and the record-breaking levels in U.S. stocks tell us that investors...

Originally published by AxiTraderQUICK SUMMARYThe US dollar was under pressure early. But an 18 year high in consumer confidence, 10 year rates rising a little, the curve steepening a couple more...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In the past 2 weeks, we’ve seen a dramatic recovery in the euro. The single currency appreciated more than 4 cents in a...

Originally published by AxiTraderQUICK SUMMARY On forex markets the US dollar is under pressure still as traders continue to bet the message Jerome Powell was sending is a dovish one. In fact what...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The biggest story in the markets Monday was President Trump’s trade deal with Mexico. The S&P 500 hit a record high on...

Originally published by AxiTraderThe latest positioning report from the CFTC shows that speculators remain confident about the dollar rally. Euro positioning has shifted back to net short for the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Fed Chair Jerome Powell’s comments at Jackson Hole sent the U.S. dollar lower against all of the major currencies today....

Originally published by AxiTraderQUICK SUMMARYThe Fed appears to be doubling down on its intention to continue to raise rates regardless of what President Trump might say. That's not unexpected, but...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar is back but the Australian dollar is in trouble. After falling in the front of week, the greenback regained...

The dollar rebounded from a six day selloff, after yesterday's release of the Fed minutes showed that the US central bank has no qualms about continuing to raise interest rates, as long as the...

Originally published by AxiTraderQUICK SUMMARYThe latest FOMC minutes showed the Fed is confident the economy - though slowing in H2 2018 - is still above potential and thus rates will need to...