Please try another search
Originally published by AxiTraderDespite a slightly stronger US dollar and a night of profit taking in commodities the Australian dollar is taking another crack at 80 US cents. This matches the gentle...
By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementAs the week draws to a close, politics is in central focus. There are two big deadlines looming – a potential U.S....
Originally published by AxiTraderThe Aussie dollar defied the sell off in iron ore, copper, and base metals more broadly rallying last night to a high around 0.8022 as risk appetite surged on the back...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We haven’t seen this type of volatility in the foreign-exchange market in weeks. In the last 24 hours, trading ranges...
Originally published by AxiTraderThe Australian dollar is sitting at 0.7962 this morning but there is every chance it is also on borrowed time at this level given that copper, iron ore, base metals,...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Wednesday’s Bank of Canada monetary policy meeting is the most important event risk this week and according to interest...
Originally published by AxiTraderWhen I left my desk last Friday afternoon the euro was trading around 1.2050. This morning it is trading at 1.2266, more than 200 points higher in less than two full...
Originally published by AxiTrader79 cents seemed so far away when the Aussie fell to 75 cents just a little over a month ago. But here we are this morning with the Aussie trading back up at 0.7905....
Originally published by AxiTraderThe Australian dollar surged higher yesterday after the outsized 1.2% print for November retail sales. That data was much stronger than the market had anticipated....
Originally published by AxiTraderQuelle Surprise. Bond rates are a little higher, stocks are a little lower, and the yen is substantially stronger. Yet while that combination has seen AUD/JPY fall...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Political jockeying and trade-war threats rocked the foreign-exchange market Wednesday as the NY session kicked off with a steep...
Originally published by AxiTraderThe Australian dollar is a little lower this morning reversing the strength it showed in the wake yesterday of the big beat in Australia's building approvals data and...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. One of the biggest stories in the financial markets on Tuesday was the surge in Treasury yields. Ten-year rates broke above...
Originally published by GuppytradersA strong US market is usually accompanied by a strong dollar but in this case the US dollar remains stubbornly low, locked between $0.91 and $0.95. This dollar...
Originally published by AxiTraderThe Australian dollar slipped lower int the first 24 hours of this week's trade. It slipped lower as the US dollar gained some traction against the euro, and it...