Currency Forecast

Originally published by AxiTraderDead cat, or real? That's the question traders will have been asking themselves about the US stock market recovery late Friday afternoon New York time as trade kicks...

Originally published by AxiTraderDespite the high volatility seen in the FX market in the past week, there were no large shifts in speculative positioning. The latest report from the CFTC shows that...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Is the sell-off in the U.S. equity markets a healthy correction or the beginning of a crash? It's too early to tell but what...

Originally published by AxiTraderTraders and investors have talked themselves into this week's market funk. Just ask yourself how many times you've heard the stock market selling is just part of the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another rocky day in the financial markets with the Dow falling more than -1,000 points. It should be no surprise that...

Originally published by AxiTraderThe Australian dollar traded up to 81 cents because of the perfect convergence of exuberance about the outlook for global growth and increased positivity about what...

Originally published by AxiTrader79 cents. That's where the Australian dollar sits this morning after falling as low as 0.7835 overnight around the time of the stock market nadir and during the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another wild and crazy day in the financial markets as the 1,100-point swing in the Dow caused widespread volatility in...

Originally published by AxiTraderThe US dollar recently made it's low on the 88.30/60 region in US Dollar Index terms. That was an important technical support level which enabled it - when translated...

Originally published by AxiTraderThe Australian dollar is opening the week under pressure after Friday's collapse saw it fall around 2 cents from the week's highs. At 0.7907 it is at it's lowest...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.For the first time since late December, we’ve finally had a week where the U.S. dollar did not decline. The Dollar Index...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar continued to rise against the Japanese yen following Wednesday’s hawkish FOMC statement but the greenback...

Originally published by BetaSharesOne of the surprise global market developments over the past year has undoubtedly been weakness in the US dollar. Why? This note suggests that, rather than simply...

Originally published by AxiTraderThe Australian dollar is mapping out a potential topping pattern as volatility increased up here near 81 cents and the 20 day ATR hits its highest level since the last...