Currency Forecast

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...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar finally caught a bid on Monday as it rose against most of the major currencies. Treasury yields, which started...

Originally published by AxiTraderThe latest CFTC report showed that long positioning in the euro reached a fresh record high. Speculators added 36k long contracts, bringing net positioning to 128k...

The U.S. dollar rang in the New Year with fresh 3-month lows against the euro, sterling and Canadian dollar. Coming on the heels of the worst year for the greenback in more than a decade, this lack of...

Originally published by AxiTraderNo levitating at all. That's the verdict traders have made with regard to the Australian dollar's ability to defy the slip in copper and other base metals this week...

Originally published by AxiTraderDespite the almost universal dip in industrial metals over the past 24 hours, despite copper's continuing slide to open 2018, despite the euro, pound, yen, Kiwi, and...

Originally published by AxiTraderThe Australian dollar is sitting just above 78 cents this morning at 0.7803. That's just a little under 6 cents higher than where the AUDUSD finished 2016 for a gain...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.2017 marked the worst year for the U.S. dollar in more than a decade with the Dollar Index falling over 9%. The last time it...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.After consolidating for 4 to 5 trading days, we’ve finally seen some relatively strong moves in the FX market (at least...

Originally published by AxiTraderThe Australian dollar is this morning trading at 0.7772, up 0.58% on where it was at 9am AEDT yesterday. That increase of 0.58% makes the Aussie best performer of the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The end of year anti-dollar rally continued Wednesday with EUR/USD hitting 1.19, GBP/USD breaking through 1.34 and the AUD/USD...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It is the last trading week of 2017 and so far we see no love for the U.S. dollar. The greenback traded lower against all of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The year is drawing to a close with extended moves in many major currencies. USD/JPY is trading at the top of its 9-month range...

Originally published by AxiTraderThe Australian dollar is higher this morning after the continued rally in metals, copper in particular, positivity in stock markets, and a surge in the Canadian dollar...