Currency Forecast

Originally published by AxiTraderIt's been a wild few hours for currency traders this morning with the combination of competing news about sterling, a North Korean missile launch and the passage of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against most of the major currencies Tuesday but early gains fizzled on Fed Chair nominee Jerome...

Originally published by AxiTraderThe Aussie dollar is setting up to try to break higher. But last's night's rally into the mid 0.7640's failed after the US dollar found its footing and started to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Mondays are typically volatile days in the forex market because traders adjust their positions after the weekend and initiate...

Pivot: 1.3305Our preference: long positions above 1.3305 with targets at 1.3360 & 1.3375 in extension. Alternative scenario: below 1.3305 look for further downside with 1.3280 & 1.3255 as...

Originally published by AxiTraderThat Chinese markets found their feet - and some support - Friday was a boon for global markets and traders which were nervously waiting to see if the previous day's...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. U.S. dollar bulls have nothing to be thankful for, as it was a short and brutal week for the greenback. The dollar sold off...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded sharply lower against all of the major currencies on Wednesday as investors dumped the greenback in...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The week of Thanksgiving is typically a quiet one for currencies because many U.S. traders are off for the whole week. Lower...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Over the past few weeks, the U.S. dollar has struggled despite progress on tax reform and the prospect of a Federal Reserve rate...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday was an uneven day for the U.S. dollar, which traded slightly higher against the Japanese yen and euro but lower against...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar went on a rollercoaster ride on Wednesday as investors tried to make sense of the latest economic reports. ...

For the most part, other than a few idiosyncratic story lines, G-10 trade remains listless and unable to shake a severe case of the doldrums. And while there have been a couple of fidgets, but with...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar ended the day steady to higher against all of the major currencies, which is a sign of strength considering that...