Currency Forecast

Originally published by AxiTraderQUICK SUMMARYPresident Trump’s comments on the Fed and the currencies continued to reverberate through G10 forex markets last night as traders again focus on the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.As tempting as it may be to ride the turns in euro, sterling and other major currencies, it would be wiser to refrain from...

Though US President Donald Trump's second round of recent attacks on the Fed have battered the dollar, technicals signal that the global reserve currency continues to maintain an upward...

Originally published by AMP CapitalKey points The downtrend in the Australian dollar from 2011 likely has more to go. The Aussie dollar is near fair value, but the increasing negative interest rate...

Originally published by AxiTraderQUICK SUMMARYPresident Trump took aim at the Fed's rate rises, Chinese and European currency management overnight and then this morning via Reuters. He made it clear...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar started this new trading week with another day of losses. The greenback either held steady or extended its slide...

Originally published by AxiTraderQUICK SUMMARYOn forex markets the US dollar reversal continued under the heavy weight of positioning and data flow. The US Dollar Index, which touched 97 last week...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The second full week in August was a good one for the U.S. dollar. The greenback extended its gains against most of the major...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.With the Dow Jones Industrial Average rising more than 400 points, it was a great day for currencies. All of the major...

Originally published by AxiTraderQUICK SUMMARY The Turkish lira stabilised after Qatar curried favour (it’s trying to find someone in the region to be friends with) with a $15 billion investment...

Originally published by AxiTraderQUICK SUMMARYThe pressure has been relieved, but not released on the Turkish lira as traders tire of selling after the currency seems to have found a base around 7.2...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After a one day reprieve, investors returned to buying U.S. dollars. The greenback is on a tear, rising to fresh 1-year highs...

Originally published by Guppytraders.comThe market contradiction with the Australian dollar persists. The Australian market is making new 10-year highs, although the index has stalled near resistance...

Originally published by AxiTraderQUICK SUMMARYHonestly, that could have been a much bigger day on forex markets than what we have seen in the past 28 hours. Sure the lira got dumped, then pumped, then...